Adj. Exceeding in excellence or good taste. Can be used to almost anything, from furniture to food. Composed of the word bum, meaning phat, and city, meaning a large area with a high population (Mainly focusing on the dense population part).
Wanna be thugs always at the city in their pyrex/nike/adidas/studdy clothes who sleep there and scab money off other people. Always trynna be cool and fight for likes on facebook.
Brendan: How was the city you city bum? Find a nice park bench
Olivia: Fuck off cunt, i only slept there once.
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.