1. Any kind of alcohol (though normally higher proof beverages) that is served in a shot glass. Many shot mixes exist with varying popularity.
2. When any kind of object's effectiveness diminishes to the point that it's hardly or no longer usable at all; no longer in tact.
3. An opportunity that is typically brimming with pressure.
Example 1: I’m a take a shot of nuvo
Shawty then you know
It’s goin’ down we can go and kick it like judo
2. Coach: How ya feeling?
Pitcher: I don't know coach, my arm feels pretty shot right now. I don't think I can pitch another inning.
3. Eminem: Look, if you had one shot, or one opportunity...
to seize everything you ever wanted...one moment-
would you capture it, or just let it slip?
"Hey man, why haven't I seen you online in a while?"
"Yo, my computer is straight shot."
"Oh yeah? What happened?"
"Man, that damn Blaster Worm virus got me the other day...."
"Whoa, that's some sauce."