The act of being a douchebag while simultaneously being very grimy with your money. Thus, being really cheap, yet still maintaining an attitude that you're better than anyone else.
D-bag: Every bitch on this campus wants my dick.
Reluctant friend: Ok that's cool I guess... So, dude, do you have your share for the keg?
D-bag: Nah, you'll have to spot me.
Reluctant friend: You sheisterly asshole.