Entry 3 senses · 3 variants Webster, 1913 Shanty /shăn'-tē/ · Shan·ty · IPA /ˈʃænti/ a. n. v. i. 01 a. Jaunty; showy. 1. Jaunty; showy.[Prov. Eng.] 02 n. A small, mean dwelling; a rough, slight building for temporary use; a hut. pl. Shanties ((#)) 1. A small, mean dwelling; a rough, slight building for temporary use; a hut. 03 v. i. To inhabit a shanty. 1. To inhabit a shanty.