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Wiktionary
shmatte

n. 1 (context Yinglish English) A rag. 2 (context Yinglish English) An old article of clothing. 3 An item of clothing: a "rag" in fashion- and clothing-industry slang.

Usage examples of "shmatte".

No more shmatte for me, it was all golf clubs and footwear and the palace in Umbria just round the corner.