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1.
German term of endearment or nickname meaning "little one" or "cute one"

Most notably used by Ernst Hanfstaengl, an American-German diplomat.
Putzi, could you help me with this paperwork?
by Spoonish July 15, 2009
 
2.
Also know as Cutzi, a small circular tub of hot water only found in rich people's mansions used for bathing in.
"Any of you lot want to come back for a putzi?"
by bigboi87 February 12, 2013