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2.
Fast walking. aka "Lightning step" A form of high speed movement utilized by a user's reiatsu (compressed spiritual energy)
A: At this rate... we'll never make it in time
B: Then.. we have no choice...
A: It cannot be helped, now is the time
A/B: Shunpo!
by Big O-nessness December 06, 2005
 
1.
Fast walking. aka "Lightning step" A form of high speed movement utilized by a user's reiatsu (compressed spiritual energy)
A: At this rate... we'll never make it in time
B: Then.. we have no choice...
A: It cannot be helped, now is the time
A/B: We must use shunpo!
by Mr. Odun December 06, 2005
 
3.
It's literal meaning is "Flash step" and is used for quick movement. how well you are able to use Shunpo depends on your Reiatsu. the term is used popularly in the anime Bleach and is used by many ninja's today.
Ninja 1: He is getting away!
Ninja 2: We will have to use our Shunpo!
by WarBull February 18, 2011