Used to describe the usage of the rectum as a cocktail glass. One may be forced to do handstands to serve the consumer of said Ass Shandy. Also can describe a situation one may find themselves in where abuse of some description may very well manifest itself.
Holy shit man did you see 'lost' the other night, that kid walt is gonna be turned into some pirate's ass shandy!
I ain't fuckin going to the brookhouse tonight, i'll be made into some badger boy's ass shandy!