1) Noun: Navy slang (still in use) for any kind of waste receptacle.
2) Verb: Also Navy slang to dispose of anything, including figuratively (e.g. ideas, positions, persons, etc.).
Remark: Closely related to (Navy slang) "chit can", the expression for "shit can" when vulgarity might constitute a risk, z.B. in the presence of senior commissioned officers, a "chit" being any kind of form, stub, written request or permission, etc.
1) Don't throw lit butts in the shit can, you fucking idiot !
2) They shitcanned him in a hurry after he pissed drunk in the Captain's front yard.
That idea got shitcanned long ago because it was too expensive.
Remark: The chit can was full of requests for leave, that got rejected.
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