No English word for Jugaad?

I have often heard people saying there is no equivalent English word for the Hindi Jugaad. Guess what, came across something today that seems to nearly fit the bill (even though it's a slang usage). There must be other words too, but this one sounds good.

http://www.urbandictionary.com/define.php?term=macgyvered

To use the seemingly useless trinkets and objects in your close vicinity together to accomplish an otherwise impossible task.  

The U.D. definition of the root is amusing.

http://www.urbandictionary.com/define.php?term=Macgyver

Someone who can jump-start a truck with a cactus.