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1.
Another way to say "shit"
"Holy shiet!"
by BlastMaster June 19, 2003
 
2.
A type of diet involving regular and frequent consumption of feces to lose weight.
"I just started shieting three months ago - I lost 50 pounds, and I feel better than ever!"
by startpanicing September 16, 2009
 
3.
The creator, Brian Nho of Windsor Ontario Canada, is an AzN who loves Gangsta rap. Saying shit wasn't good enough for him, so he created a word that could be elongated and was more "gangsta." The word was shiet, and it is pronounced "Sheeeeeeeeeeeeeeeeeeee-it" and often used in the phrase "shiet homey." No real meaning, and hilarious when Asians say it.
Shiet homey dat blond gurl over dur doesn't wanna get up in hurr!

Shut up Brian.
by Awesome Guy March 16, 2005