A type of paragraph, used in journalism, that summarizes the background and significance of an event. It generally comes after the lead but before any details, and it explains the context of the event/article to the reader.
Without this nutgraph, I would never have understood the rest of this article. Hell, I wouldn't have bothered to keep reading!
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.