Verb, the acted of being fatally stabbed and/or "shanked" in a tight alleyway. Named after the titular martyr SchneebStronk who met his timely demise in the exact same manner
Person 1: Did you hear about the lad that got schneeb'd last night?
Person 2: What.
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.