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Anything bad in any way.

The word evolved from the word "gank" via the "izn" language (popularly used by rap artists). Why the definition of the word "giznank" became so detached from the meaning of the slang word gank is unknown...
Man, that Nickelback concert was so giznank!
giznank by Andy Hall June 15, 2004
Related Words

gizankster 

Gizzankster is white boy punk ass bitch slang for gangsta and it's only used by punk ass white teens trying to be cool.
Boy 1:Foo, look at dat gizankster walking down da street look all spiffy.
Boy 2:Man, you so white ima bust a cap in yo ass foo.
BLAM!BLAM!BLAM!