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1.
it means shit in german
-can also be used in english in a ghetto way
Yo thats some crazy shaiza
SHAIZA!
by tH3 h1jaB1 p1mp3r April 21, 2003
 
2.
German word for "shit" (also a cooler word than "shit")
Miguel: Yo you heard Tyler, The Creator's WOLF album yet? That shaizas was fire.

Jiggy: Yeah I heard it was pretty damn dope.

Mr. Cat: Dead ass yo! That shaizas was dank as PHUUUUUUK.

Young Buckets: THANK YOUUUUUUUUUUUU
by Kaiser Squirtle July 11, 2013
 
3.
a display of disbelief, often used in place of "holy shit!" or "damn!"
Shaiza! That's a lotta money man!
by Jack Gang April 20, 2005