Similar to the famous term "shit-faced," this term refers to the state before you're fully intoxicated, but further down the line than "tipsy." When in the "Schmidt-faced" state, one tends to laugh a lot, dance, and embarass oneself.
-Duuuude, last night I was partying with Nicole and Kevin and we got totally SCHMIDT-FACED. It was epic. I just hope in doesn't end up on Facebook!!
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