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1.
The best. This word is very interesting. The important part of it is without THE, an entirely different meaning applies. My teacher is shit= bad teacher. My teacher is THE shit = greatest teacher
My car is the SHIT
by Andrewsky March 04, 2003
3706 431
 
2.
The best. Originated as a term to describe high quality drug substances. IE, "this is good shit."

Evolved to common usage for any item of high quality. However, in typical usage, the article "the" is required to denote superiority. Without the word "the" prefacing the word "shit," a different, usually negative, meaning applies.
This joint is the shit./This is potent marijuana.
His new car is the shit./His car is excellent.

This joint is shit./This is poor quality marijuana.
His new car is shit./His new car is not desirable.
by Joshua Cox March 29, 2005
1298 298
 
3.
Something that kicks ass. Not to be confused with shit, which is something that sucks ass.
IBC Root Beer is the shit.
by dj gs68 October 29, 2003
846 183
 
4.
diarrhea, violent crapping.
After eating those oreos I got a bad case of the shits.
by Pyro November 21, 2002
346 78
 
5.
not just shit, but THE shit. saying just shit is something low class. but saying THE shit means its over the top cool.
person one: mah car is the shit.

person two: your car is just shit. its a ford escort, mon.
by T. Lex June 03, 2005
364 216
 
6.
When you got diarrhea, or liquidy crap about to spew uncontrollably.
"I got a bad case of the shits!
by Bob October 10, 2004
211 75
 
7.
The best of the best. Nothing greater than it. Not to be confused with shit, which is the most often the complete opposite of THE shit.
Resident Evil 4 is The Shit!!
by D-Wolf January 03, 2005
267 179