1.) Funnier than the Funniest Joke on Earth featured in Monty Python - when one reads 'tit hat', one will say 'tit hat' in one's head and die of laughter.

2.) Literally meaning 'tit hat'. A hat with tits on it/made to look like tits.

3.) 'Tit hat' can also be an insult or a compliment, depending on the situation. Most likely an insult.
1.) Two people IMing each other -

Person 1: TIT HAT.
Person 2: LOLOLOLOLOLOOOOL.
2.) Grab my tit hat.
3.) Wow, stop being such a tit hat, you tit hat.
by itaht May 23, 2011
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Legendary hat worn by Stomper and a Stripper's Breasts.
He's all over her body. That mofo is a Tit hat!
by Ma$on December 3, 2003
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Obscenely happy, ridiculously so.
Matt: What's up with you? You look as happy as a man with tits in his hat.
Rich: Is that good?
Matt: Very good.
by Jimmy Lasers February 18, 2009
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1. "Al Pacino's performance in The Godfather was really tits and top hats."

2. Bob: "Hey, how was the party last night?"

Matt: "Tits and top hats, dude. You missed out."
by Howlingcaliper March 8, 2012
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