To publicly obliterate the credibility, validity, or integrity of a person, place, object, organization, or idea to such an extent that the victim experiences a level of degradation greater than or equal to the amount of humiliation commonly experienced when tumbling down an elevator shaft.
"Did you see that huge piece of toilet paper stuck to the boss's shoe during the meeting last night?"
"Haha, yeah man; totally elevator shafted."
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"Oh my gosh, were you there when that kid snuck up behind the principal and pantsed him?"
"Totally man! Spongebob boxers: extreme elevator shaftage!"
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An adjective used to describe something that is intensely nostalgic or old school.
Hey man did you see that video of me blowing up a Buick with a shotgun?
Yeah man, that was pretty dank tank.
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