“Shit” is the definition, but in a lame white person’s attempt to try to use “shizzle” basically. Ironically trying to say something is “the shit” when in actuality it is describing it as being shit itself, like the person using the word (also shit) and trying to play it off as a fun word they discovered. It’s just a rip-off. People that use this word are most likely phonies.
Ex: Geez Louise! This event is going to be a shazizzle fest!!! I bet ya top dollar it’ll be worth top dollar!”
A popular TV show in the 80's about Capatin Kizzle, his sidekick Spizzle, and their travels through the galaxy on the Starship Enterprizzle, ridding the world of Borgizzles and Kilingizzles.