correct pronounciation: fuh-HOO-zee
NOT: fay-hoo-zee, fee-hoo-zee, etc.
plural: fehoozys, fehoozi
other forms: fehoozyness, fehoozyed, fehoozying/fehoozing, etc.
Fehoozy was created sometime near the beginning of 2004 and is one of the most useful words in existence.
What is so great about this word?
It all comes down to its definition.
"Fehoozy" can mean anything. It is a multipurpose word... really useful for times when you can't remember what something is called, especially when other people still have an idea what you are talking about (you just say "then i took the fehoozy" or "could you hand me that fehoozy?" etc.) Instead of using "thing-a-ma-jig," "whatsit" or "what's-her-face," you can simply say "fehoozy."
Additionally, it is a word on its own. You can tell people that they are being fehoozy or that they are a fehoozy and, although it technically could mean anything you wanted it to mean, it usually means something along the lines of funny, crazy, or awesomely cool.
One of my personal favorite uses of the word is "fehoozy soup" - one of my specialities, where anything that sounds good goes in. (Basically soup without a recipe.) You should try it sometime.
Besides being totally awesome, fehoozy just plain a really fun word to say.... and useful, too.
So, what are you waiting for? Get out there and start fehoozying today!!!