When the stock markets gets hit in your grill and you have no idea what the fukk is going on.

The Kappa Sigma fraternity house at the University of Tulsa.

A bar with a very poor male to female ratio.

A slut (a tool being a male reprodtive organ, a shed being a place to put it.

Variation of the common term tool meaning loser. This takes it to another level of tooldom. These low lifes are sometimes just referred to as "sheds"

A place where tools like to frequent.

This is when he/she greatly exceeds the simple term of tool, toolkit etc.And has now infact become a greater loser then before, a toolshed.