deriv. shizzle.
see shit.
1. trouble, danger etc.
2. lies, ridiculousness, folly etc.
3. an expression of anger, unhappiness, shock, surprise, pain etc.
1. you're in the shiznit now!
2. that's bullshiznit!
3. oh shiznit!!! that really hurts!
The Defintion of shiznit can almostmean anything you want it to. Most of the time it means somthing beyond belife its so kewl!!! or it can mean the Sh*t
3. A word which originated in the town of Lake Stevens, WA in the year 2006 by a 6th grader that was NOT allowed to sware. BTW. I am her best friend! haha