Top Definition
A common term used to confirm the mutual excitement of a theme, event, or idea. The use of the term "Shazam" is a mandatory prerequisite for the use of "Shazooli"
(This conversation occurs after a score by your favorite team in your favorite sport.)

Scott: Shazam!
Sam: Shazooli!
by Sammy "Benny" B March 01, 2010
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