The Collaborative International Dictionary
slazy
Sleazy \Slea"zy\ (sl[=e]"z[y^]), a. [Cf. G. schleissig worn out, threadbare, from schleissen to slit, split, decay, or E. leasy.] Wanting firmness of texture or substance; thin; flimsy; as, sleazy silk or muslin. [Spelt also slazy.]
Wiktionary
slazy
a. (context archaic English) sleazy; of inferior quality