The definition given by Monica above is incorrect. Kizzo is a term used to express anything in a positive way. It can be used as a noun or an adjective.
The term came about in Milpitas High School (located in California) by a student named Olimar Ness. He used to it both as a nickname (people would call him that) and a word.
Kizzo is almost like the word "cool", in it's adjective form.
"Dude, that's hella kizzo!"
"Turn that Kizzo off!"
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