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