A slang term used by surfers meaning to put a wax product on the surface of a surfboard to give better traction for their feet.
One such product is marketed as "Mr. Zog's Sex Wax - the best for your stick".
The term has a humorous double meaning of receiving oral sex (a blow job) as ones stick (penis) waxes (grows larger) from the attention.
I need to wax my stick first, then I'll join you in the water.
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.