1) A person who is exhibiting one or more of the following symptoms or habits: sleep deprivation, indifference to the world, lack of motor skills, no motivation to exist on earth any longer, poor decision making, and the occasional urge to kill yourself. Becoming knacked out is usually a result of intense mental or physical duress over long periods of time.
Those fucking pledges were knacked out.
When your head is hurting due to excessive partying the night before.
Ah man, my nugget is knacking, i drank so much last night i've got nugget knack.
Any piece of shit (PoS) you can buy from tourist traps from around the world. Made cheap, and sold to idiots who love them way too much.
I got some lovely knick knacks from this terrific *antique* store in Maine.
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useless nick-knacks most prominently seen around Christmas time
"What are you gonna get Grandma this year?"
"I dunno, probably another shit-knack."