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The theory that all money, despite being the closest thing to true value, is worthless when you are on tour. Hence all your money is worth shit all.
'dude, that parking ticket was for £200!'
'Shit money.'

'man, that stripper cost 400 bucks!'
'shit money.'
by ihateslappers May 16, 2009
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1) Very rich and/or snotty person often seeing themselves above you 2) A person usually easily mooched off of
*Damn dogg, I'm hungry. Let's go to shitmoneys house and take somma his food.

**Aight, how bout we grab some waffles and juiceboxes?
by NJC March 29, 2005
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