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or 'Shibui' or "Shibbeeeeeeeee!". (Japanese)
Cool, but in a kind of frumpy, retro sort of way. Also bitter or astringent (commonly used to describe the flavor of green tea, but not coffee, which is decidedly "nigai").
"Terebi, nani mitemasuka?"
"Saikin, 'Mito Komon' hamatteru."
"Shibbeeeeeeeee! Demo, chotto dasa."
shibby by Shubwug August 3, 2004
Meh Meh Meh Meh Toast Meh Meh Meh Meh
See "Twang" for a totally unrelated but surprisingly related topic.
shibby by Green Corn April 24, 2005
(adj) stylish, desirable, fun

In Australia it is generally only used by the less firm-wristed members of the gay community. Because this word sounds like it is Japanese, it is often used to describe articles of Japanese pop-culture.
shibby by yo shibby! May 10, 2003
Can be used for someone to move, leave or get out of the way.
If someone is to be annoying for example.
Person 1: you're in my seat
Person 2: Oh am I!
Person 1: Yeah, you are, now shibby!
shibby by Flacob March 16, 2008