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A curse word used to express disbelief in an event or piece of information presented as true when it is false. Literally, the feces from the animal, a bull. The first attested use of the term bullshit appears in a piece written by T.S. Eliot entitled "The Triumph of Bullshit." It's a comic ballad in which Eliot preemptively criticizes himself and his works before his critics could. The term bullshit only appears in the title.
Language Log. (n.d.). Retrieved from http://itre.cis.upenn.edu/myl/languagelog/archives/002404.html