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|shib-ē|, |ˈʃɪbi| - adj. - A catch-all word describing something great. Quite similar in usage to "smurfy" (see: "Smurf").
Etymology: first known usage is in the movie "Dude, Where's My Car?" (circa 2000)
Dude 1: "Dude, if we get our girlfriends happy, maybe we'll have SEX for the first time!"
Dude 2: "Sweet! That would be SO shibby!"
shibby by Colonel Bat Guano September 1, 2012
Cool, awesome, anything of that sort of thing.
Dude, that's a shibby bike!
Shibby by Sam Schenerman January 12, 2006
A certain someone in The Pokémon Center FB Group accidentally referred to "shinies" as "shibbies" through a post via mobile, thus the word "shibby" (singular) was formed. This certain someone went maximum derp, like a Stunfisk flying in the air, or like Hot Skitty On Wailord Action.

Feel free to now refer to shiny/shinies as shibby/shibbies.
Ralph: Whoa, dude, that Pokémon just sparkled!

Pablo: Yeah bud, it's a shibby!

Ralph: Don't you mean shiny?

Pablo: No, a shibby.

Ralph: Wow, you just went maximum derp...

Pablo: Tell that to the person who accidentally misspelled "shinies". ;)
Shibby by MrJurgens November 22, 2013
A term for mariujana or a joint.
"I bought me a shibby over at Duncan's."
shibby by Bowman June 16, 2002
Shibby is (or was back in the early '90's) a greeting: "What's Happening?", or "What's up?", though it can be also used to say "Seeya!"

Most have it wrong (though I guess the NEW meaning is now more popular, effectively replacing the old one).

All these 'dude where's my car' references are 1) funny and 2) incorrect.
me: Shibby?
you: Not much, man...
me: right on.
you: shibby!
shibby by Craig Sheppard October 8, 2005
it means everything ,

like when you have an akward silence aswell it stops it cause you say 'shibby' and its not akward any more

it always means awesome and pretty radical and stuff like that

but you can say it whenever you want really
danica maddie and peita are soo shibby ,
the weather is pretty shibby,
this is soo shibby.
shibby by daanica April 20, 2008