1. An unclean vagina usually posessed by the sluttiest, trashiest, stupidest, STD infested whores in your city/town.
2. An insult, derived from #1, to call someone a stupid slut.
Slut: Hey baby, lookin' for a good time?
Man: No thanks you whore, I don't fuck stankholes.
an unclean vagina, often omitting unpleasant odors.
Damn beeotch! You need ta take dat stankhole to da carwash!