1.That critical moment when you are taking a dump and you realize that you'll be wiping your ass with a sock, since the facilities you have entered, cannot supply a substantial amount of toilet paper for your needs.
2.Commonly used phrase in a minority neighborhood.
Owen cried out in agony: "oh shit im out of toilet paper", after he finished his business in some random guy's house.
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.