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1.
Like, the greatist! Can also be seen spelt:

Teh/the/ve Shizz/shiz

OMG! Cookies are the shizzle!
por al4eyes 31 de Julho de 2006
 
2.
a Jamaican jerk-style marinade made primarily of pineapples, habanero peppers, allspice, thyme and garlic. The brand name "The Shizzle" was suggested by early devotees of the recipe who thought it was "the shit", and began using this jive related term to endearingly describe the product before it was commercialized.
Yesterday I jerked my chicken for 3 hours with The Shizzle, and it was the shizzle fo' rizzle!
por long face 12 de Outubro de 2010
 
3.
to agree upon a subject as being the most truth or most exciting thing in a subject.

(similar to "fo shizzle" definition, but not exactly) This definition has been around since the early 80's
Example 1: Jason's friend told him, that his friend won the lottery and Jason replies, "Dude, that's the shizzle."

Example 2: Ryan and Mike wonder if Becky has a crush on Mike. Becky approaches Mike and asks him if he wanted to go to a party with her. As soon as she leaves, Ryan and Mike look at each and Mike replies, "Thats the Shizzle." Ryan replies back, "yeah, its definitely the Shizzle".
por Faded Soul 24 de Junho de 2011
 
4.
to blow yayo off of a penis
por Anonymous 20 de Outubro de 2003