This word is used in a situation where your mate has said something pretty funny but you couldnt be fucked to laugh so you just say funny shit
by Darren Thomson April 23, 2005
"Funny Shit" is a low budget movie out of New England that was produced in the summer of 2010. It chronicles a group of people and the funny situations, and quotes that transpire from their gatherings. While the movie was low budget-- it contained an ability to wow audiences and give them a lifetime of "lolz".
by m'didyoujustquoteme'C. July 11, 2010