ampit
Is when you don't know how to read armpit and it looks like ampit, which emphasizes your dumb-ass-ness.
Marisaa: Im getting off tumblr because of the armpits. bye.
Stephaanie: What's an ampit?
Stephaanie: What's an ampit?
Ampition
Noun. Having both the desire to achieve anything and the energy and drive needed to see it realized.
He didn't just talk and dream about becoming a young, fit millionaire he had ampition and made it happen.