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thats the shit 

Referring to objects such as jewelery, cars, or an item of clothing that looks particularly good or fashionable at the time. It is usually rare or out of the ordinary and/or expensive.

It can also refer to drugs that are particularly purer and more potent than is usually readily available to most people most of the time
thats the shit by GAANZ June 17, 2008
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that’s the shit 

what you say when something is perfect and really just hits the spot
*hits joint*
“Damn that’s the shit
that’s the shit by ur b1tch November 24, 2019

That's the shit

When something is really cool, awesome, or in someways really interesting in that time
Sort of like "That's what I'm talking about"
-"Look at the Lamborghini, that's the shit"
-"Yeah man, that shit is Legit"

You are the shit that the flies don't want to eat

An insult used on someone who is so worthless that if that person was a pile of shit, flies would stray off it.
Amy: I only slept with him cuz you are terrible in bed Jared, he's much better than you, you loser.
Jared: Amy, you know what? Go fuck yourself, You are the shit that the flies don't want to eat , and i hope you die sad and alone.

holy fucking bitch that made the shit, that bastard son of a whore 

r u a bitch
no u holy fucking bitch that made the shit, that bastard son of a whore.

ur so mean

That Was The SHIT Dane! 

A phrase used when something is REALLY cool.

Origin: the only thing an intoxicated guy named Connor could possibly say, repeatedly, after his friend Dane beatboxed over the loudspeakers at his graduation party.

Its use does not require involvement of anyone actually named Dane.
James:Ronaldo just hit a free kick from 50 yards!!

David: THAT WAS THE SHIT DANE!!!!

the shit that killed elvis 

a tasty kind of weed. it killed elvis cause its so damn good. if you hear that its going around you town, snatch that shit, no gimmicks. then let me know so i can get my fingers on it too@! Mmmm its so green and has these little yellow hairs all over it and it looks like it got rained on by thc.
Joe: You want some of the shit that killed elvis?

Me: Nigga I been a fiend of the shit that killed elvis since you picked it up last week!