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1.
When the temperature outside is below freezing and you ejaculate onto the face of the victim and because of the temperature the cum freezes before it contacts the victims face.
Damn! It's so cold that i got shizzlebits in my eye.
by Zac o' shit December 26, 2008
 
2.
A little bit of something, a little bit of shit, ie. food, drugs, ect.
1.Yeah, I want some some pizza, but I'm not that hungry. just give me a shizzlebit. 2. Damn, for 20 bucks this sure is a shizzlebit ass sack! 3. Yeah, I took a piss, but only a shizzlebit came out!
by Brittany T April 16, 2008