Any item or concept is capable of being 'that shit'. Roughly analogous to 'it' or simply 'that'. Also appears as 'this shit'.
Can also refer to reefer.
Can also refer to reefer.
by zerfetzte April 26, 2011
an exclamation conveying a mixed sense of gladness and surprise over a matter of common interest between two or more people
Billy: "I just unloaded a major dump in our new bathroom!"
Tom: "Any residues?"
Billy: "Clean as a whistle"
Tom: "No Shit!"
Billy: "that's right"
Tom: "Any residues?"
Billy: "Clean as a whistle"
Tom: "No Shit!"
Billy: "that's right"
by heythewhat January 03, 2012
by OMG LOLZ!!!!1111+shit!!!! March 21, 2005
by J-ViZ November 23, 2007
by shabba28 January 31, 2011
by Jezca January 21, 2003
by John E. October 11, 2004