Slang term used for a chess player of weak calibur.
"I beat that patzer with the four move checkmate."
by Jack Genther October 14, 2007
The perception that you're selling out too early when things are going your way in business.
I was trying to raise money on Sand Hill Road and everyone wanted to know if I was in for the long haul or if I'd 'pull a Patzer'.
by rrawk February 28, 2010