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A combination of the words 'Schlatt' and 'Slime'. This is the word that you use when addressing only the closest homies.
"Ay what's up Schlime, you ready to go buss in the subbys?"
Related Words
Something slimey or "schlimey" like getting a taxi ride and running when you have to pay, or acting in a sly and savage way.
That nigga pulled up in the cab, said he was gonna take out money and ran home. That's schlimey
Schlime by AlwaysIcy July 3, 2017

Schlimpy 

schlimpy
I touched the dolphin's fin. It felt schlimpy.
Schlimpy by Ackubota May 24, 2020
A drink of vodka, fresh lime and soda
Can I have 2 schlimes please?
schlime by domkop January 11, 2010
Whatever slippery semi-liquid that may be covering an unwashed penis. The slime of the schlong.
Jake: I'ma whip out mah shit right now, motherfucka.
Todd: Whoah, that dong sure is schlimey. Might as well take a shower, nigga.
schlime by Xfing January 19, 2010

Schlimpy 

1. First name of the King of the magic pixies, who has killed many-a-shoe with his magic buttons. He gave the name 'Yeffince' to the famous explorer.
2. Noun which originates from a forced labour camp on the moon. Used commonly (cough, cough) to describe small people.
"I'm sorry, Schlimpy, but your pixie magic won't work on me."
"Schlimpy, you're very... small. VERY small. You're a teeny, tiny... thing."