it is where you and your friends get so wasted together,
you know that you are so wasted, you try to go and say that you're 'wasted' but it comes out as 'schmasted'
gabby- yeah girl, you don't look so hot.

alana- I'M SCHMASTED!!8&@$%
de therealgabby 21 Iulie 2011
5 Words related to schmasted
Top Definition
Combined from both "shit faced" and "wasted" into one word for enjoyment.
de Anonymous 03 Martie 2003

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