A spin-off of the word slut. The word "slute" is used in context at work or in front of an actual "slut" to keep the dumb bitch or politically correct retards at work from bitching at HR. It can also be used dynamically to reflect a cracked out whore that you'd consider sleeping with after a line of coke and a 12 pack.
Man! That slute is ugly. Gimme a coupla' more beers and its on.
Snoopified, Bobbyfied, Blackified word for what gay dudes do at night. That's right poophole screwage.
Pookie and Juju bizzle fizzled last night in the bathtub