Alteration of the word "Shit".

Can be used instead of Shit, so as not to offend anyone.

Internet persona(s) who happens to follow you and you happen to follow them back and maintain communication with and have a mutual liking for eachother whether it be friendship wise, etc. (Mutuals if more than one mutual)

Shmit/Shmittie :A specimen of the female sex that is in a higher class of looks than the average girl. A Shmit can usually be seen staring at you in a manor that says "I want to perform falacio on you." Shmits can also be seen wearing Uggs,leggings and/or other Shmit attire. In lamens terms, a Shmit is a hot girl who looks like a good fuck.

When your sexy and the shit at the same time.

“Shmit” is lighter what to say “shit”