Noun. A term with a variety of context-dependent connotations.
1. (negative connotation) Something worthless, trivial, or otherwise inferior.
2. (neutral connotation) A synonym for "thing" or "stuff."
3. (positive connotation) Used in a similar context as "ownage."
Etymology: Shizatch is the amalgam of "shit" and "bizatch," which is a corruption of "biatch," which is a corruption of "bitch."
1. Samurai, upon spotting a group of ninja: "Let's waste that ninja shizatch."
2. "What is Mortal Kombat about?"
"Oh, it's just some ninja shizatch."
(While pointing at a shuriken) "Could you pass me that shizatch over there?"
Slang term for the birth control patch. Original phrase was "patch for the snatch", which was elaborated on using hip-hop slang to arrive at "pizatch for the snizatch".