Noun; a hand gesture which consists of holding out your thumb, pinky, and middle fingers, with the back of your hand facing the target. Can be used in a positive or negative connotation.
(Negative)The boy was hit with a savvington after talking back to his father; (positive)The girl was hit with a savvington after showing her parents her straight-Areport card.
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.