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- verb

1. wasted and/or incoherent.

2. to consume massive amounts of liquor or other illicit substances due to favorable foreign exchange rates (specifically the New Israeli Shekel/Dollar and Euro).

3. to get excessively drunk on cheap booz
Shay and Suzanne got completely shekeled in Tel Aviv last night on 7 Shekel beers and 10 Shekel mixed drinks and ended up making out in the bathroom all night long.

Dude, we are going to get absolutely shekeled tonight
by jtrader August 21, 2009