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1.
It is a combination of the words "food" and "booze".
Instead of saying let's go for dinner and drinks, let's get some "fooze" (food & booze).
by Lisa Rogers September 30, 2007
 
2.
noun : droplets of urban condensation that drip from air conditioners onto the streets below.
I was standing outside of my friends apartment when a large glob of fooze landed directly on the back of my neck.

Can also be used as a verb...

The streets of the lower east side are covered in puddles of fooze, urine, and other types of hipster refuse.
by mmmolly May 14, 2006
 
3.
When you gently ease out a fart, but it has enough traction to make noise. It will be short in duration, however not short enough to be a popcorn fart. The volume of this fart is quite less than a rip, but louder than an air biscuit or SBD.
While on a date I tried to sneak out a silent poot but it was all like fooze instead!
by KingOfFarts December 06, 2010
 
4.
the blood a woman releases on her periods.
i think im gonna fooze !!!
by theycallmekat April 23, 2007