1) The act of messing with someone
2) Embellishing a story to fool someone
Guy #1- Dude, I just hooked up with the head cheerleader!
Guy #2- No way man! How was it?
Guy #1- I'm just smackin your balls dude, I had to settle for your sister again.
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.