A slang term for a female (little drunk girl) who likes to party and bang guys. It can also be used as a negative connotation to describe a girl who turned you down.
1. So hey, did you see the little piggy I picked up last night? I took her back to her place and banged her silly. The little slut even let me give her anal and then blow it down her throat.
2. Can you believe that little piggy turned me down. And she fucked the Kinbpin for Chrissakes!