A marijuana smoking device, usually a water pipe, composed of a bowl connected to a chamber and mouthpiece that resembles the male genetalia. Usually used by homosexual potheads or those who find such things humorous, i.e. idiots.
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.