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A more enthusiastic version of the word "fit" to describe a member of the opposite sex. Not only are they "fit" they are really "fit" thus rendering them "Phit!!!!!!"
You are watching a music video when Beyonce comes on in a gold bikini. You say to your mates, "Phit!" They will understand what you mean.
phit by Rob D. Vyne July 12, 2004
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To piss and shit at the same time.
Lol sorry had to go take a phit.
Related Words
phits Phitt Phito Phitcha [Phite] Phiten phity phitable Phitalic Phitaly
(intentionally spelled this way to differentiate from "fit") NOUN The opposite of a SHART. Expecting an epic poo but getting mostly gas instead.

Phonetic hybrid of the words "fart" and "shit".
I took a mad phit but I still feel better.
PHIT by Feral Drollery October 18, 2010
When a really fit women or girl is seen on screen or in the real world a male must shout out with enphasis:
Phit!
A scally bird walks by with a skirt the size of a belt and tits hanging out.

Phit!!
Phit by Marello July 12, 2004
A guy thats so fit.
s'phit by Alexa and Aisha August 1, 2009

Miz-Phit 

A young rapper unable to adapt to their circumstances
Miz-Phit is always down on his luck
Miz-Phit by Miz-phit January 1, 2022
Phitaly is a urban word pronouced phi-taly its a ebonic for philly and italy.combined together I came up with the word phitaly meaning swag trendsetter setting trends with a philly swag and a mix of italy style which makes the clothing line boujure couture classic for its urban upscale style
Boujure Couture made in phitaly