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1.
A useful substitute for the word "shit". This G-Rated slang is to be used in public settings, such as school when your teacher wouldn't approve of you saying "shit".
Principal "Maria, you have a detention because your skirt is too short"

Maria "Shiste!"
Por thekooker 06 de diciembre de 2010
 
2.
same as shit, only slangified
good to use in company emails that scan for profanity; can also be used with prefix bull-
Man, my boss is on that shiste today!
That reprimand was some bullshiste.
Por UnconciousObserver 15 de septiembre de 2003