Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • adj. Informal Elegant; fancy.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • adj. elegant and luxurious

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • adj. luxuriously elegant

Etymologies

After the Ritz hotels, established by César Ritz (1850-1918), Swiss hotelier.
(American Heritage® Dictionary of the English Language, Fourth Edition)
From the Ritz-Carlton Hotels +‎ -y, from Ritz hotel founder César Ritz, from southern Switzerland. (Wiktionary)

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