· It is commonly used in casual conversation to refer to various aspects of business, industry, or a specific occupation. The etymology of “biz” traces back to the mid-19th century as a … · biz is a universal word that can take on whatever meaning a speaker wants. It is used when a person cannot come up with the appropriate word to fit the situation. Biz is sometimes used to refer to the entertainment business, especially pop music or films. In a text, BIZ means Business. This page explains how BIZ is used in texting or on apps like TikTok or Instagram. The term 'BIZ' is a slang abbreviation for the word 'business'. It is commonly used in texting and other informal communication to refer to commercial or professional activities, operations, or opportunities. 'Biz' emerged in the late 20th century as informal slang, particularly within the entrepreneurial community. Its use has expanded in contemporary culture, often appearing in casual discussions … The term "biz" is a slang term used to refer to the world of business. It encompasses all aspects of the business world, including finance, marketing, sales, and management.