slunkmeat

It has no real definition, but it's derogatory and can describe a skank or someone that your friend has already fucked, sloppy seconds.

Greg: Hey Tom, how are you? I was thinking, I sure wouldn't mind if you fucked my ex-girlfriend Vicki.

Tom: No way! Do you think that I would fuck that piece of slunkmeat?

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Slunkmeat

A large, usually unattractive saggy breasts.

"Damn did you see Mary's boobs??! Girl got a whole lotta slunkmeat"