A derogatory word used to describe Filipinos. Mainly used to describe Filipinos who have too much "Filipino Pride." It can also be spelled as Philashit.

The horrible moment when you realise that you have accidentally done something very slightly wrong which has very bad (usually embarassing) implications for you. This is typically the moment of realisation that you just sent a dirty text message to a close member of family, typically your mother, rather than the intended recipient.