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1.
A saying to be used in extreme conditions of fear, exitement, happiness, etc.

Can also be said when someone produces an abnormally large amount of feces.
Example 1:

Person : Dude did you see that monkey on a chain flying right at you?

Person 2 : Yea man I fucking crapped a shit!
Example 2:

Person : Hey man you don't look so good.

Person 2 : Thats because I had taco bell for lunch and just crapped a shit.

Person : Ouch.
by Gcapallday February 24, 2010