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#1: The real deal, stuff worth having or experiencing.
#2: Total warzone
Pothead: Yo! This is the shit

Army dude in Iraq: Damn it! I thought we was gonna be in the shit! When am I gonna get to shoot somebody?
by DarthKieduss November 05, 2014
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54
Someone or something that is the best. This is not a negative saying, it is instead used to hype anything up. Without "The" the whole definition would change. When someone is "Good", "Awesome" or "Excellent" use this simple yet effective saying.
The "5toes" (Seve Morse, Cierra Polky, Sunny Dolan, Quincy Morse & Joel Cordonnier) are the straight definition of "The Shit"
by LittleShit123 July 13, 2017
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56
1. Slang term used to describe a pile of feces, especially human feces.
2. Term used to describe something meaning "cool".
by Dugan March 14, 2005
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