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Definitions for jiffy:

The Collaborative International Dictionary of English v.0.48 :
Jiffy \Jif"fy\, n. [Perh. corrupt. fr. gliff.] [Written also giffy.] A moment; an instant; as, I will be ready in a jiffy. [Colloq.] --J. & H. Smith. [1913 Webster]

WordNet (r) 2.0 :
jiffy n : a very short time (as the time it takes the eye blink or the heart to beat); "if I had the chance I'd do it in a flash" [syn: blink of an eye, flash, heartbeat, instant, split second, trice, twinkling, wink, {New York minute}]

Moby Thesaurus II by Grady Ward, 1.0 :
28 Moby Thesaurus words for "jiffy": breath, breathing, coup, crack, flash, half a jiffy, half a mo, half a second, half a shake, instant, jiff, microsecond, millisecond, minute, moment, sec, second, shake, split second, stroke, tick, trice, twink, twinkle, twinkling, twitch, two shakes, wink

Jargon File (4.3.1, 29 Jun 2001) :
jiffy n. 1. The duration of one tick of the system clock on your computer (see tick). Often one AC cycle time (1/60 second in the U.S. and Canada, 1/50 most other places), but more recently 1/100 sec has become common. "The swapper runs every 6 jiffies" means that the virtual memory management routine is executed once for every 6 ticks of the clock, or about ten times a second. 2. Confusingly, the term is sometimes also used for a 1-millisecond wall time interval. 3. Even more confusingly, physicists semi-jokingly use `jiffy' to mean the time required for light to travel one foot in a vacuum, which turns out to be close to one _nanosecond_. 4. Indeterminate time from a few seconds to forever. "I'll do it in a jiffy" means certainly not now and possibly never. This is a bit contrary to the more widespread use of the word. Oppose nano. See also Real Soon Now.

The Free On-line Dictionary of Computing (27 SEP 03) :
jiffy 1. The duration of one tick of the computer's {system clock}. Often one AC cycle time (1/60 second in the US and Canada, 1/50 most other places), but more recently 1/100 sec has become common. 2. Confusingly, the term is sometimes also used for a 1-millisecond wall time interval. Even more confusingly, physicists semi-jokingly use "jiffy" to mean the time required for light to travel one foot in a vacuum, which turns out to be close to one *nanosecond*. [Jargon File] (2002-03-02)

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