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1. Usually stated after a conversion is finished and there nothing left to be said

2. schniem can also be used for anything to replace any word, phrase, etc.
Dave-Yeah man just cop'd a bj from my gf. Billy- Haha yeah schniem to that dude.

Brian-Where do put this derp scharf? Eric-In that schniem right there.

End of group conversation (awkard silence begins.....) Brad- Yep schniem.

Herp Derp,mhmm,scharf,derp,alright then
by billdawg176 January 13, 2011
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