its the verb of hoon. if someone is a hoon then they drivefast, crazily and do burnouts etc. if someone is hooninating then they are being a hoon at that time. usually associated with younger males.
Last night Johno was hooninating good to loose the cops.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2 million.