noun

• (slang, derogatory) A fool, an idiot.
  "“The excitement of our friendship made me overlook my vampire powers.” “Hi.” “My foreskin grew back very fast. Now he thinks I'm meshuggener, which means he thinks I'm a little bit of a putz.”"
• (slang, derogatory) A jerk.
  "And, (4), we’re not really even seeing “characters” at all: it’s not Major Frank Burns, pathetic self-important putz from Fort Wayne, Indiana; it’s Larry Linville of Ojai, California, actor stoic enough to endure thousands of letters (still coming in, even in syndication) from pseudo-voyeurs berating him for being a putz from Indiana."
• (slang) The penis.

verb

• (slang, intransitive) To waste time.
  "Stop putzing around."

verb

• (Pennsylvania German, intransitive) To go around viewing the putzes in the neighborhood.
  "Once all good Moravians in Bethlehem went putzing between Christmas and Twelfth Night to take a look at their friends' cribs."