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1 definition by David William Pope Esquire

 
1.
A word used to express i; Feelings of hate and disgust at another animal, vegetable or mineral's actions or state of being OR ii; Feeling of joy and acknowledgement of an animal, vegetable or mineral's actions or state of being.

The paradoxical nature of the word means that multiple interprettations can be derived from a single use. For example, to call a person a loveshit may mean that the person will perceive the word, intentioned to be a compliment, as an offense, or vice versa.

Similarly, in group situations different members may have different interprettations regarding the throwing of the phrase "loveshit" around in general conversation. For this reason loveshit is to be used with caution and is to be handled carefully for fear of the phrase back-firing upon you.

As a way to avoid confusion emphasis in the pronunciation can be used by the wielder to elucidate their intentions:
Positive; You are such a LOVEshit

Negative; You are such a LoveSHIT

Possesive: You are my LOVEshit

Negative reinforcement; If only you weren't such a loveshit

Positive reinforcement; If only you could be a little bit more of a loveshit

Greeting; Heya loveshit

Goodbye; Much love... shit
by David William Pope Esquire October 08, 2007