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1.
A Shizz biscuit is an insult that is not insulting. When you do not want to hurt someones feelings, or some who you don't want hearing you insult someone is around, Shizz Biscuit is a name to call some one in order to playfully call them a name and theirfore is approprate in that kind of situatution.
"Oh come on you shizz biscuit!"
by DONTEMAILMEEVERIMADEANEWACOUNT December 27, 2009
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2.
What one might say instead of swearing when someone with authority is around. Also used in the presence of young children or if something is not agreeable to oneself.
Shizz biscuits!!! I spilled my coffee!!!

Aw shizz biscuits, I locked my keys in the car!

HOLY SHIZZ BISCUITS WHAT THE SHIZZ BISCUIT IS THAT!?!
by IcyShadows January 17, 2011
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