1) To have a very jovial experience, such as with the intake of weed or alcohol.
2) Used by Mr Burns in the Simpsons to describe an event he had when he was younger.
3) An event pre-dating the present and that involved homosexual behaviour.
1) By jove, this Vodka is insubstantial compared to the hydro we were just smoking. But, of course, it does enhance the experience. Ah, what a gay old time we're having.
2) Oh, well, when I was six, my father took me on a picnic. That was a gay old time! Oh-ho, I ate my share of wieners that day.
3) Hey, Oscar Wilde, I hear ya've been having a gay old time down at the Gentleman's Writer club.
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted placeāWales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alpsāwhere 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.