mod. elegant; flamboyant. : That is a real ritzy car.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition. Copyright 2007. Published by McGraw Hill.
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1920, in ref. to the luxurious Ritz hotels in N.Y., London, Paris, etc., commemorating Swiss hotelier César Ritz (1850-1918). Ritz (n.), as in put on the ritz "assume an air of superiority" is recorded from 1926.