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1.
1. Originating in Old Europe during the Middle Ages, where burial space was often in short supply throughout many communities. To maximize use of space in many cemetaries, the dead were often buried in a 6 foot vertical shaft, rather than the usual horizontal grave position. The vertical position was considered less socially respectable. Thereafter the term began to mean poor treatment given to someone in such a way that demeans him or affirms second hand status as a citizen.

In communities that had active, but hidden, homosexual communities, the phrase took on a second meaning in double entendre, referring to the humiliating prospect of having to bend over, grab one's ankles, and recieve painful anal intercourse from someone who is overly aggressive and abusive.
When they fired Bob, they gave him the shaft.
by bucky buckmeister November 16, 2006
126 54
 
2.
Everything bad in life.

Often one gets the shaft, meaning that they were utterly screwed over in life.
Jerry always gets the shaft.
by steelman August 18, 2003
104 47
 
3.
An awesome drink that you can order only in Lake Louise at the B&G (only bar in town). Kahlua, vodka, coffee, cream, sugar.
The Shaft is my favorite drink in the world.

Let's get shafted tonight.
by currentweather October 11, 2012
34 15
 
4.
1 Familiar name for a landmark at Georgia Tech called the Campanile.
I'll meet you by the shaft after class
by The damn co-op December 05, 2004
32 33
 
5.
When one is analy raped by a close friend.
Jonathan got theshaft from Ryan last night.
by Jack M April 28, 2003
4 5
 
6.
The shitty end of a bargain.
"Well, in Romney's world, the car gets the elevator, and the works get the shaft!"-Jennifer Granholm Gov of Michigan
by LakelandDem September 10, 2012
8 11
 
7.
Getting the bad part of a bargain. It comes from the song: "She Got the Goldmine (I Got the Shaft)" written by Jerry Reed.

SNIPPET:
She got the goldmine (She got the goldmine)
I got the shaft (I got the shaft)
They split it right down the middle
And then they give her the better half
Well, it all sounds sorta funny
But it hurts too much to laugh
She got the goldmine, I got the shaft
Why'd you make that trade, you got the shaft!
by Rob Bradley May 10, 2006
40 45