A large amount, so large in fact that it is riculous... like a load of shit would be riduculous (that is why the word is shitload and not something ordinary like people-load).
Naman: How much homework do you have?
Virginia: A shitload!
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a phrase that practically means of course, but is usually used by wannabees or douschebags, or someone who is a combination of the two.
Brownyn: Hey do you wanna go get drunk tonight?
Virginia: Hell to the yah!
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