1 When one is exceedingly happy with his or her wares, one will define it as the bitchsnatch. This phrase is superior to all shit, snatch, or shtuff.
2 Also can be used to describe a lady's private area.
1 Man 1: These cookies are sure the bee's knees.
Man 2: No, son. These cookies are the bitchsnatch!
2 I got myself some fine bitchsnatch last night, dawg.