schmancy can be used in a number of different ways, much like the word fuck. schmancy is mainly derogatory in uses such as "you are a schmance", "fucken schmancy", "schmance cock", "what a schmancy" etc. the meaning is similar to fag or pussy and can be used to describe a person or an action that lacks balls.
andrew you are such a fucken schmancy, who the fuck shaves their legs
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Well, have fun at your fancy schmancy meeting! I wish I could come, but I'm not freakin' good enough!!!!!!
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John has on a pair of fancy schmancy pants today.
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Fancy but with a higher amount of schm- prefixes.
Fancy schmancy but shorter and more casual.
Similar to schnose.
"I'm feeling really schmancy today!"
"Dude, I went into the lobby and this place was just really fucking schmancy."
"Schmancy pantsy, dude!"