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1.
V. Means whatever, or a different way of spelling shit.
Usually used by southern white boys.
AWWW SHEAT...
Sheat, you dont know nuthin.
That's my sheat your messing with.
by Lc269 February 22, 2006
 
2.
verb:
to sheat;
or sheating;

this occurs when you are eating but have to take a shit at the same time. shit + eat = sheat. this generally doesn't feel very good.
"dude, i was out to dinner with my girlfriend last night and i was sheating the whole time!"
by friskypingu July 28, 2008
 
3.
mix between a cheat and a shit
that sheat stole my answer
by RDAWGG August 18, 2008