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Noun. A term with a variety of context-dependent connotations.

1. (negative connotation) Something worthless, trivial, or otherwise inferior.
2. (neutral connotation) A synonym for "thing" or "stuff."
3. (positive connotation) Used in a similar context as "ownage."

Etymology: Shizatch is the amalgam of "shit" and "bizatch," which is a corruption of "biatch," which is a corruption of "bitch."
1. Samurai, upon spotting a group of ninja: "Let's waste that ninja shizatch."

2. "What is Mortal Kombat about?"
"Oh, it's just some ninja shizatch."

(While pointing at a shuriken) "Could you pass me that shizatch over there?"

3. "It's shizatch time!"

"That samurai took out all those sword-wielding ninja with his bare hands. That was some serious shizatch."
Shizatch by Rhykker April 30, 2008
Combining sweet and biatch.
I finally got a car!
Swiatch!
swiatch by asali July 16, 2008

pizatch for the snizatch 

Slang term for the birth control patch. Original phrase was "patch for the snatch", which was elaborated on using hip-hop slang to arrive at "pizatch for the snizatch".
"Is she on the pill dude?"
"No, but she's got the pizatch for the snizatch!"

Swiatched 

are you swiatched in your school?
Swiatched by bartsimpson September 25, 2003

Swiatched 

i know you wannabe a swiatched when i comes to rap
Swiatched by spanky September 25, 2003

Swiatched 

Will you Swiatched my asshole please?
Swiatched by Keem September 26, 2003