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1.
Ph. Used when something is very good.
"I watched that movie today."

"I know that's the shiz!"
by ?..? August 03, 2007
8 1
 
2.
used by people who are afraid to say shit
a substitution for a curse word such as beotch or betch, for bitch.
nerd:have you played that new arcade game yet? its awesome isn't it.
nerd 2:yeah! that's the shiz
by esther ab March 17, 2008
2 6