In the military, to Ann Frank it is the act of hiding in your barracks from your superiors, typically to avoid PT.
Kyle: “Hey, they are releasing us to the barracks to change over for PT.”
John: “Fuck PT! I’m going to Ann Frank It in the closet until you guys get back.”
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.