A drunken state of being induced either by playing excessive amounts of beer pong, bullshit pyrimid, or by consuming a very high proof liquor using a "chug mug."
Shellaced is not only a state of being, but also a state of mind, in which one becomes completely obsessed with making it to the frats, the rugby house, or any other nightly house party in which there will be inevitably more drinking.
Great find!
ping to my list