Originally used as an expression of excitement or emphatic agreement, this bastardizedcontraction of two contradicting slang words can also be shortened and used in many ways to complete an expression. Said with enough conviction and it'll even make others start using it.
Heard in the most random of places, like Texas, Ohio and Florida. Connection unknown.
E: I finally bought the game you've been wanting me to play on Steam.
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.
Looking or experiencing something nice after witnessing something horrid like a disgusting gif or a disturbing video. Typically used as eye bleach are nice images of whatever makes the disturbed person happy.