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n.) Someone who is an obvious bullshit liar. v.) The act of making a bullshit lie.

Of course this can also be used as an adj, adv, etc. The main idea here is that the word "fossitt" somehow relates to the most blatent, obvious lie you have ever heard.
n.) "Hey Tim! I won the lottery!""Alex, you're such a fossitt". v.) "Hey Alex, my car can go 300 MPH!""Really?!""No, I'm just fossitting ya! lol".
fossitt by none January 28, 2005
Related Words

dripping fossit 

when you get a girl real wet, then she stands above your head with her legs spread, and lets her cunt drip into your mouth.
i almost drowned from that dripping fossit last night
A PERSON THAT HELPS DOING TIRES BUT HE IS FROM MOTHERLAND MEXICO. Foosito help me do this tires.
FOOSITO by chuchomx92 April 26, 2021

Fogitimate 

mix of the words, "foreal", and "legitimate".
that is not a fogitimate statement.

fositive 

Dick was absolutely fositive that Jane was cheating on him
fositive by Blue Train Cooley March 8, 2015
Fogit is the term used by hillbillies to describe the way black people smell, usually in a derogatory manor.

(But No one cares what Hillbillies think because they smell worse and they're racist pieces of bloody cow stool)
Hillbilly Jane: SUUUUWEEEE daddy it smells like Fogit in here, must me some nig*ers around.
Fogit by hillbillyssuck January 20, 2009