(noun) An upbeat, lively social gathering, often involving music.
People at these gatherings are often of the older, more "refined crowd". This festival can attribute its name to the adjective snazzy, or the noun snaz.
Tammy knew something wasn't right. Her attire certainly didn't allow her to mingle with the others at the snazfest.
A mixture of the words 'snazzy' and 'fantastic', for use when someone has obtained a piece of clothing or electronicgadgetry that is both very good and a bit flashy.
"Wow, that new MP3-DVD-rumble pack-guitar you have there is snazztastic!"
"That is a snazztastic skirt you're wearing!"