1 definition by rty325
What you say to someone who either kills a joke or says something stupid.this is then followed by 'Shut up bill' when that person tries to redeem themselves and fails yet again.
idiot:The moons a planet , right?
person 1: Billed it
idiot:Im just joking , honestly.
Person 2: shut up Bill.
person 1: Billed it
idiot:Im just joking , honestly.
Person 2: shut up Bill.
by rty325 January 21, 2012