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Что и отмечено известным словарем Мириам-Вебстера:
     


http://www.merriam-webster.com/dictionary/schmooze
1schmooze
verb \ˈshmüz\
schmoozed or shmoozedschmooz·ing or shmooz·ing

Definition of SCHMOOZE

intransitive verb

: to converse informally : chat; also : to chat in a friendly and persuasive manner especially so as to gain favor, business, or connections
transitive verb

: to engage in schmoozing with schmoozed her professors>

Examples of SCHMOOZE

1. People will have time to schmooze during the cocktail hour.
2. schmoozing with the industry's power players>

Origin of SCHMOOZE

Yiddish shmuesn, from schmues talk, from Hebrew shĕmu'ōth news, rumor
First Known Use: 1884