A broad term that express any negative, frustrating or unbelievable situation. shit crap
You can really use it any way you want if it is in the proper context.
Someone releases a horrid fart that smells uncanny, the other person in the room then responds with the only word that can sum up the vomit fart, "Jeezalou"
mumbling "Jeezalou" as you drop the soap.
You may also use as you would use the word relax
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.