When you think that something came out of your ass but your not really sure. Usually its a minimal amount of liquid too small to notice a signifigant change of the moistness of your underwear.
Jamal:Hey man I think I just leaked out of my ass
Me: Oh shit was it taco night last night again?
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.