the coolest, awsomest thing you could ever think of. this thing is beyond the coolest thing you can think of.
Jimmy: I got this mountain bike it is so cool!
Humphrey: Well I got this BMX it is the shiznitz!
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Used in place of words such as stuff, objects, belongings, etc. First used in Gloucester County, NJ........others are bullshibbin.
Get your shiznitz together.
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When you can't get something right the first time you do it you say this.
You just lost on a video game for the first time and you shout Shiznitz bitch.
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it's a word that basically is a better way for saying "the shit" and people use it in front of their mom's after a brutal beating
he: damn nigga you beat the shiznitz out of me
he mom: sweetie your albino and I'm black so no