The expression of happiness, elation or general agreement on a subject matter at hand. An informal mannerism used to express ones individualism and or excitement in a quite place (i.e. the library, class, work, church, funerals, etc.)at no particular time and for no reason beknownst to anyone but yourself and the immediate party (parties) involved. Usually accompanied by a single or a double high five, depending upon the discretion of the parties involved as well as the social setting of the "Shazam!".
Joe: Hey Philly, guess what?
Philly: Whats that dear friend?
Joe:We both just got a raise and don't have to work this weekend! I just found twenty bucks,it's happy hour all week long and that hot mom over there is totally eye fucking you right now!...
Joe & Philly: SHAZAM!
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