An evening consisting of gentlemen whom are close friends that go out on the town, consume large quantities of alcohol while yelling out the term "Dude's night out!" through out the whole evening. Usually led by a man with a lisp carrying a clip board. Quite often the majority of the group members tend to be of Portuguese decent and smelling of a mixture between that of Cool Water cologne and chouriço.
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.