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something that is hot, banging, off the chain, cool, etc.
Yo those jeans are hotshit!
This store has some hotshit.
Or when someone shows you something you like, say "HOTSHIT!" <-- used by philadelphians.
Hot Shit by BaBiEdoll November 26, 2003
1. The netting definition is hot shit.
Hot Shit by tyson January 28, 2003
"hey you know that girl Abbey Williams?"
"yeah, she's hot shit!"
hot shit by nofeelins December 23, 2009

mad hot shit breath 

When someone is standing near you, with dry, (hot) and smelling like your dog just shit in your back yard BREATH!
"Hey Katie, will you stop leaning over me, your going to knock me out with you MAD HOT SHIT BREATH!"
mad hot shit breath by Mane Bunter January 29, 2007
At the top of the game, walk and talk like your the fucking Peso Grande. (Even and most likey if you aren't)
"That little freshmen was walking around like he was the 'hot shit.' I really want to beat his ass!"
hot shit by Riley Tuck May 17, 2006
It's hot shit, not warm diarrhea
You think you're hot shit, but really you're warm diarrhea.
hot shit by allholy1 December 8, 2007