Like a ragequit, but undertaken out of necessity and not anger. Derived from the phrase "shit to do."
"Sorry, guys, I've gotta shitquit... my term paper is due tomorrow."

"Shitquitting, see ya later, real life calls."
by CaRAWR September 8, 2009
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When you quit your job by taking a shit on your desk and walking out
Damn, Charles had enough of the bigwigs treating him like a peon and shitquit today
by egumonster March 30, 2021
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