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The word used to define all awesomeness, if you don't have anything to call something, call it niv, can be used in place of any word as either a compliment or an insult
Some Kid: I name this game NIV BALL
Some other kid: What a cool name

Bill: You're such an awesome Niv!
Ben: Thanks!

Spot: Woof woof woof
Spot's Dad: You fail nivically at woofing!
by Musicsquid September 16, 2009
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The New International Version. A very popular, and fairly accurate, translation of the (Christian) Bible.
Look! I just got my NIV from Church!
by Brian December 09, 2003
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it can be used in place of "fail"

to lose at something or screw something up
ouch, that had to hurt, epic niv!
by cheip September 28, 2010
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From the Finnish words "Nauran/Naurattaa Ihan Vitusti", meaning "Laughing like fuck", essentially equivalent of LOL.
Look I'm goatse!
-NIV
by Pyllyvekkuli August 14, 2007
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To overshare or give to much unnecessary and often vulgar information.
Gareth: Paul just told me this completely disgusting thing he did with a bat and a lion...
Suzie: Was he nivving?
Gareth: Yeah....
by Cro123 February 20, 2010
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