During the development of Mortal Kombat, one of the game designers suggested that Dan use it in the game. Toasty is also the name of Scorpion's most famous Fatality. In Mortal Kombat II, a specialized Toasty Fatality can make Dan Forden say Toasty! after the Fatality with a text appearing that reads Toasty!.
Lard is animal (pig) fat, and shortening is vegetable fat. Lard is not used much anymore because it is very high in saturated fat. It is great for pie crust--makes a very flaky crust. I don't think I would use it for icing--it can have a distinct flavor of its own.
All of the above â technically. Shortening, in its most generic meaning, is any fat or oil that is used to make a short crust or dough (one that has a high ratio of fat to flour, and turns out tender, crumbly, and rich).