1: things you do while intoxicated
2: an activity that is really enjoyable.
1: Bob and Mary were so drunk that they had alot of fun shit to do.
2:Charlie: Do you wanna smash some mail boxes?
Bob: Sounds like some fun shit.
by Carl Jockey December 06, 2008
When someone tells you what they are doing and you want to be nice but it sounds lame.
Me: Hey, what are you doing?
You: Sitting at home playing video games.
Me: Funshit.
You: ....
by RedBitch May 17, 2011

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