One of the dozens of slang terms used by Beavis and Butt-head. Buttknocker could refer to
a)A homosexual, as anal sex is the only form of intercourse for gay men, or
b)An erection in somebody's ass, referring to pulling out and then tapping and wiping the semen on said ass.
Beavis: Shut up, Butt-head! I'm gonna play drums on your nads with my foot!
Butt-head: I'd like to see you try, buttknocker!
Beavis: Don't call me that, Butt-head! (Beavis kicks Butt-head in the testicles)
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 $2million.