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On the Commodore 64, approximately 1/60th of a second, and equals one machine cycle. The timespan is the same on both NTSC and PAL models of the Commodore 64.
If I can squeeze one more jiffy out of the player-movement routine, there will be enough time to do a smooth-scroll routine before the screen refreshes.
jiffy by SG Fan October 31, 2004
1. "It'll just take a jiffy to type this up."
2. "I've put your sandwiches in a jiffy bag son so you can just snack on them."
jiffy by brendan September 6, 2004
A loser, someone who is very uncool would be called a "jiffy"
"Alex is such a jiffy"
"Hey jiffy pants"
jiffy by Jonny S April 18, 2006
A unit of time that ranges in value from 1/1000th of a second to 5 minutes.
TTTM said he would be over in a jiffy.
jiffy by TTTM April 29, 2009
Under-used term for any form of retardation, including human/mammal/other (covering confusion as to what exactly the subject in question is).

see also: Jiff, Retard, Special-needs, Special Ed, The Ringer.
1. You Scratched my CD
2. Do you want FRRRRIIIIIIES with that?
3. sawarrr (pronounce with a chinese twang) what are you doing sawarrrrr....JIFFY
4. JIMMAYYYYYY
5. AFLAAAAAAAC
Titty Fuck, where you insert the penis between the titties and squeeze them around it and move them up and down till you cum
My girlfriend gave me some jiffy!
Jiffy by Bradley September 4, 2004