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1.
A describing word for how one looks or an act done. Conveying a positive meaning.
Austin: "That's a pretty snitzy jacket you have on."

*****

Austin: "Look, I can stand on my head."

Rachel: "Well aren't you snitzy"
by Sinitron July 02, 2012
 
2.
It simply means nothing and everything all in one!..The concept is pursued in your mind!
Like wow your so Snitzy, Or Man I wanna Snitzy you!...
by Chinchebra Cookie February 03, 2010