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Figwit is an elf Dumbass. When Frodo said "I will take it the Ring to Mordor" the camera pans to the left showing an Elf, making people go "Frodo is great...who is that?"
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Random Lord of the Rings Elf #617... actually has a bigger part in the book, but you'd never know it.
Figwit is an Elven nancy-pants.
Figwit by Legolass November 9, 2004
"1+1 is 2, you figwit!"
figwit by reggie_lurve August 15, 2004
1.) A random exclamation or joy or surprise
2.) A not-very-well-known hobbit from LOTR with a reall gay name
3.) A street name for drugs
1.) What?? I won the jackpot??? FIIIIIIIIIIIGWIIIIIIIIIIIIIIIIIIIIIIIT!!!!!!!!!!!!!!!
2.) Um like YEA Figwit is like sooooo much better than Frodo, like why wasn't HE in the movies???
3) " Yo pass me a lil mo of that figwit foo, u kno wha i mean!!!"
figwit by imatease October 28, 2003

Figgity Flip 

To do MDMA (ecstasy) and Cocaine at the same time. Usually the coke isn't done until the ecstasy has already taken effect since the effects of the coke kick in much quicker. Provides the user with a very upbeat, stimulated, and intense high. WARNING: this is a VERY strong drug combination and is very stressful on the heart and can be overwhelming to many. Do not attempt this unless you are already experienced in doing both ecstasy and cocaine on their own. You have been warned!

- Term originated at EDC Las Vegas 2015.
EXAMPLE 1:

Guy 1: "Damnnn look at that guys pupils, they're fucking huge and he's going HAM!"

Guy 2: "Yeah he must be figgity flipping right now! Hopefully he doesn't end up in the medical tent!"

EXAMPLE 2:

Girl 1: "I just had one of the best nights of my life last night even though I almost died!"
Girl 2: "Almost died?! what did you do?!"
Girl 1: "I figgity flipped! It's an amazing combo but god damn it's fucking intense!"
Figgity Flip by DM-13 July 7, 2015
a slang term created by Dre Breezo, this term can be used to show any emotion whether it be sadness, shock, etc.
All in all, Figgity basically means "Fuck".
Robert: Yo bro my dog died yesterday in a fire.
Malcolm: FIGGITY
Figgity by drebreezo February 19, 2022