noun or verb, is an alternative to "fuck" ... but with a slight, important difference of effect. To some ears, "fuck" (like "bang") can sound like an aggressive act, and/or violent conquest, whereas "shab" (a softer sound) sounds more like an enjoyable fun activity. "Shaboogling" is still often the preferred term among women who are very keen on "shaboogling", very much enjoy shaboogling men (and/or women) and getting shaboogled themselves. But don't so much want to get "fucked" (though if talking about another woman, especially a rival, it may well be a different story!)
Guy: Hey baby wanna go shaboogle?
Girl: Yea, I will give you a handy
An event held annually between good friends named Rick, where large quantities of alcohol and marijuana are consumed. Activities consist of (but are not limited to) smacking of guitars, kicking high in the air, and barrel rolls over fire pits.
Rick and I went over to Rick's house for Shaboozie and got shit faced.