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the shit 

Dude, this movie has to be the shit! It's rated xxx!
the shit by Anonymous June 29, 2003

the shit 

the most awesome. when an object or person is the bees knees it is "the shit"

most commonly used by:
asian pimps

black hoods

white nerd wanabees
Luna: owls scare me
Nessa: what are you talking about? owls are the shit
Luna: yeah your'e right. wait! your'e not black!
Nessa: yes but i'm an asian pimp
Luna: whoa...
the shit by kewl!!sux00 December 31, 2010

The Shit 

n. Someone who is highly praised for their skills after successfully completing an act of high difficulty or something that is highly regarded as being the best in its class.
Guy 1: "Did you just see me kill that bird with an apple? I am f****n awesome!"

Guy 2: "Yeah dude, that was sick! You are The Shit!"

Guy 1: "Nah bro, Jesus was The Shit!"
The Shit by Scott Bennett December 25, 2008

the shit 

A person or thing that is really cool. i.e. Michael DeLatin
the shit by Daniel Morgan December 14, 2004

The Shit 

#1: The real deal, stuff worth having or experiencing.
#2: Total warzone
Pothead: Yo! This is the shit

Army dude in Iraq: Damn it! I thought we was gonna be in the shit! When am I gonna get to shoot somebody?
The Shit by DarthKieduss November 5, 2014