When one performs a fail, but a fail that is so utterly horrible, that a half is necessary to be added.
Ashley: "Hey, Timmy, I have THE best dance moves like ever dude. You wanna see?"
*Ashley begins doing the moonwalk, then tumbles backwards down three flights of stairs*
Timmy: "HAHHAHAHAHAHAHAHAHA that was a fail and a half!"
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.