noun: another word for poop, crap, feces; an exclamation for something unusual, wondrous, or craptatious.
"Can you believe that shiv?"
"Thats the shiv!"
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verb: meaning to make an event, a party or a meeting exceptionally better by merely showing up.
The horrid meeting on marginal profits was amabilized when the hot new intern came in and sat right next to me
An iron chef-style competition involving the creation and subsequent deliberation of taco delicacies submitted by willing participants.
Man, I had the worst shits after yesterdays Tacoff.
Heather made the best tacos in that Tacoff, man I could eat her tacos all night long.