Being incredibly intoxicated. A step up from 'slizzed', to be glitzed is to be so wasted it is as if you are looking at the world through a kaleidoscope.
Person 1: "Oh my god, look at John stumbling everywhere!"
Person 2: "Man, he's completely glitzed."
Decked out with an exorbitant array of Christmas or holiday lights. Usually in reference to a house but can apply to other properties. The name is in reference to the lead character in the movie Christmas Vacation, Clark W.Griswald, JR. who decorates the outside of the house with 250 strands of lights with 100 bulbs on each strand for a total of 25,000 light bulbs, enough to make the power company turn on their auxiliary nuclear generator.
Wow! Look at that house has some serious Christmas lights on it!
When someone, or some team, has a golden opportunity to win a game and they make a mistake and blow it.
Tied with one second to goJeff had a chance to win the game with a pair free throws, but grizzed it when he missed both shots. Then we lost in overtime.
Getting some phenomenal head, or oral pleasure. Usually getting semen swallowed while still ejaculating in the oral cavity. Top, sloppy toppy, good face, no waste. Extraordinary premium service from the mouth. Way more efficient than "that Becky"... GGB knows this best as the originator of said service...
Yo was up pimpkarii, I'm bout to call this hoe over and get glizzied.