Despite the fact that this word is used in Dude Where's My Car, it was CA slang looooooong before this movie ever became a reality, and it was used incorrectly in that context. It's simply a substitute for the overly-used "cool" or "awesome". It really didn't mean wasted until the writers of that cinematic waste of time decided to fuck it up. (Just a note)
This car is shibby! (Spoken of a hot little red convertible)
by LaDLaz June 27, 2005
Anything Cool
We won a years supply of pudding...Shibby!

---Dude Wheres My Car---
by Anonymous May 11, 2003
a word to discribe any great moment. its like saying Awesome,Great,Nice!,Sweat.it can be used in place of any positive word.
P1:dude i won tickets!
P2:Shibby!!
by jude-e December 04, 2001
shibby is a word used to describe all of the wondrfulness of this pathetic little world. you may use it in a sentence when describing utter happiness or delight. some may use it instead of saying 'awesome' or 'cool'. Its a word full of wisdomosity and perfection.
person 1: dude, you just tuched that girls hoho!
person 2: shibby!
by chicprunes January 06, 2010
Commonly used in the movie "Dude wheres my car". Shibby replaces words as cool, awsome, sweet,and totally.
Person 1: Dude are we going to the movies.
Person 2: Ya dude, Shibby!
by Tre- May 10, 2006
Anything positive and can be used in any form...
1.Shibby...
2.Very shibby
3.Thats some shibbyin shit you got there man...
by The Little Buster June 11, 2004
A word to describe utter greatness. Can be used in multiple contexts, in some cases even replacing “fetch” for example “that t-shirt is sooo shibby!”. Used as an adjective, it conjugates as follows: I'm shibby, you're shibby, he/she/it is shibby, we're shibby, they're shibby. Its a word full of wisdomosity and perfection. Also conforming to ibbyshays for the sick lads and can be used to express your excitement for something. Past tense: Shibbed. Future tense: Shibb. People who are utterly amazing can also be called shibsters.
On a scale from 1 – shibby how good was that party?

This weekend shibbed.
I’m way too shibby for you.
What time is it? It’s shib-o’clock
Alyssa and lauren are such shibsters.
by tooshibbyy February 06, 2011
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