The act of two or more males holding their junk by the hilts and sword-fighting using their dicks, often to duel for a woman's affections. (Dick must be erect to participate in hilt jousting)
The men decided to see who would win the fair maiden's heart by hilt jousting.
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.