A place or location where one fights to the death by emasculation. The game consists of two opponents who must fight using only their hands, or in some situations are given weapons, until one loses their penis and are left to bleed out to death.
"Did you call my father a ... , that's it, this Friday night at the octogenarian!"
"I think I caught something off that broad at Harris', whatever it is - it stings as though I've been in an octogenarian!"
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.