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1.
Diarrhea, watery feces, liquidy shit
Dude, I had major shitquid last night and now my sphincter's burning.
by Rob Lovering March 15, 2006
 
2.
Any bowel movement that is not solid most likely caused by consuming large quantities of alcohol.
"Man I drank so much at that party last Friday, I had the shitquids for 3 days!"
by JLD719 November 24, 2009