A Danish confectionery wine gummy brand invented in 1971, most often consumed in Denmark and Germany.
The name is derived from a Swedish children's book character who invented the word 'spunk' but could find no use for it.
As in said children's book, there are no other known uses or definitions for this word beyond the Danish candy it is named for.
"Jeg har lige slugt en mundfuld Spunk! (I have just swallowed a mouthful of Spunk!)" - random Danish child, probably
A word used as a unit of measurements to define something of a particular small size.
Oh damn, i was one spunk away from getting that kill.
an exceptionally smelly batch of cum
man this time your cum had lot of spunk
Bro I was licking my girls clit and a spunk went in my mouth