Iz
iz definition by Slang.net - The Slang Dictionary
This page explains what the slang term "iz" means. The definition, example, and related terms listed above have been manually compiled and written by the Slang.net team.
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Iz is a l33t way of typing "is", which replaces "s" with "z". The spelling is typically seen in online chatrooms and text messages.
The "iz" spelling actually makes more sense than the "is" spelling if you base it off the sound the "z" makes compared to the sound of the "s". Some examples of leetspeak include 0773H, 1337, kwl, and haxor.