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1.
Proficiency at a given activity - e.g. womanizing, a sport, or a video game. Disclaimer: said skillz may or may not pay the billz.
Yo Dawg! You got some mad skillz up in this beeyotch!
von The Texas Hammer 6. Juli 2004
 
2.
1. describing someone's above average proficency at a given activity

2. in l337, the "z" implies something not quite legit, so the activity described may be illegal or against the rules.
1. Michael is the best basketball player in town. He has mad skillz.

2. Tina hacked into the school's computer system to change her grades using her hacking skillz.
von Lipstick 1. November 2004
 
3.
What your friend says after performing a task that requires no skill at all.
"What the hell was that?"
"Skillz."
von Shamona2U 13. März 2009
 
4.
slang for "skills", a set of competencies that enable one to be well versed and very proficient at accomplishing a goal
Beastie Boys lyric: I got the skillz to pay the bills
von grkdaisy 9. Februar 2003
 
5.
noun - a word meaning the same as the proper English "skills", but used to imply a higher level of said skills.

note: When using the word "skills" after the word "sweet", the final "s" is automatically changed to a "z". See example below.
"Wow, that guy's got serious skillz in pwning n00bs."

"I've been working on developing sweet computer hacking skillz all weekend. I will soon become teh super 1337 haX0rz!!1eleven!!"
von teh super 1337 haXOrz omfg 24. April 2006
 
6.
Someone who is extremely good at doing a particular thing and always does it and lieks to show it off
Boys like will have skillz cuz he can always comment first

Pro Skaters Have Skillz

I have skillz
von Skillzboy 102 15. April 2009
 
7.
Having what it takes to get the task done.
Gotta say it man, you've got skillz!
von Ewlf@M1sid3n3ww0m@n:) 31. Dezember 2009