An exclaimation of surprise, amazement, or alarm.
Traditionally means "oh shit!"
1) "Osht! I just cut off my toe!"
2) "Osht, that is the coolest thing I have ever seen!"
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(1)Generally meant as a '1337' shortening for "Oh shit". Often used to get around chat-filters.
(2)When emphasis is put on it, it can be used as a condescending interjection.
(1)osht, i just TK'd.
(2)n00b: hay guyz i just put a magnet to my television and-
Coolguy2: OSHT!?
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