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1.
Abbreviation for "Being that it is".
Bizits late, I better be heading home.
by Brian Cook January 25, 2006
 
2.
Has multiple definitions, the main of which being "Bounce" or "leave".

Another meaning is extremely busy.
Yo, Let's bizit this popsicle stand!

I can't clean my room today, I'm mad bizit.
by Max Batchelder November 19, 2006