A phrase used to describe something so cunt and amazing. Its absolutely serving cunt and slaying at the same time.
Person 1: *Has a new Valentino bag thats covered in pink plumes and feathers*
Person 2: Oh my god that bag its giving cunt.
Person 1: Excuse me? Is that an insult?
Person 2: No no! That's just the new way of saying that that bag absolutely slays we are all so blinded now by its slayness.