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To have nothing or Value of an item to be worthless.
Dick Shit by Anon-in-Illinois October 23, 2005
when you see something so amazing or eat something so delicious that you almost defacate out of your penis
Nick Swardson: I almost took a shit, out of my dick! (dick shit)
Dick Shit by seriously hoo farted September 4, 2010
some one who is incredibly stupid
Jon: hey Jimbo, your a dick shit.
Jimbo:Duuurrr whats dick shit?
Jon:*Facepalms* wow you really are a dick shit for being too dumb to know what a dick shit is.
dick shit by Kathera Lockharte January 13, 2008
dick shit, as know as the common word for jizz, skeet, cumm, or if someone inserts there dick into someones rectum, therefore getting shit on there dick
say you want anal from your girl friend. She hasnt wiped her ass in a while and there is acces shit on the outer or inner part of the asshole, therfore you get dick shit
dick shit by booby guy October 7, 2009
Shit that comes out of ones dick and most likely will come out in spaghetti form.
My dick shit had corn/nuts in it.

My dick had diaherria.

I need an enima for me winky
Dick Shit by Paul O. September 4, 2005
That dick shit stole my beer and told the most full of shit stories I've ever heard.
dick shit by Tyler R wright June 6, 2015