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something that is really cool, awesome, really good, really great (pronounced shh-fet-Z, all in one) (see shibby)
"DID YOU HEAR LIL OLE P WON THE LOTTERY? YEAH, THATS PHUCKIN SCHFETZY !!"
by Simon Ole P August 25, 2008
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Awesome, but of the best awesome. Michael Jordan of basketball, tiger woods of golf, god of the worlds, eminem of rap,
they are all defined as "Schfetzy"

pronounced (shh-fet-zee_) all in one motion
DR DRE'S 2008 DETOX IS GONNA BE HELLA SCHFETZY!
by Lil Ole P 414 September 16, 2008
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