(n.) a place where discussion is all that happens, and nothing actually comes out of it. The origin is the League of Nations, precursor to the United nations. The League had no armed forces, and no decisions could be enforced.
The point between the beginning of talking to someone and the definition of the relationship. Two people are not in a relationship, do not have a title, but claim they only talk to each other.
"So are you two together, are you two in a relationship"
"No, we just started talking, it's like we are in a talkingship."
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.