2) an insulting yet still affectionate term for someone.
Person B: Dude, don't look! That's my jizzbin!
Person A: Gross, man. Clean that up or else I'm not gonna hang in your room anymore.
Jizzbin: Hey what's up?
Person: Yo Jizzbin!
See also fuckbin
Guy two - "Did you partake in any sexual activity?"
Guy one - "Yes. Yes I did"
Guy two - "Dude, Tiffany was with five different guys last week"
Guy one - "How do you know?"
Guy two - "I was one of them"
Guy one - "What a Jizzbin"
Guy two - "Yes, Tiffany is a Jizzbin"