The modern-day equivalent of "the bees knees". Absolutely the best. Derived from Southern California slang, by way of Snoop Dogg.
Damn, Dude, that sack you hooked me up with was the shizznit!
ayon kay Cap'n Sweaty! ika-09 ng Oktubre, 2003
Can you define these popular missing words?
You ARE the shizznit!
ayon kay Keile ika-07 ng Pebrero, 2004