An Australian glass industry term used to describe a manager or supervisor who has usually has a university degree but has zero "real world" life skills. Known for sitting behind a desk for most of the time, studies numbers for fun, but lacks any for of empathy for subordinates.
Will often hide behind phases such as "the company has decided" or "management has decided to..." without taking any ownership his/her own bad decisions.
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.