A combination of the
words slut and fagot, used to insult the promiscuity of a
homosexual that quote unquote "gets around"
aka a slutty fagot
A TV show (that shall remain nameless) in witch two family trade their wives helped to make the word
popular.
"She's no a Christian, Slaggot, Gargoyles."
"Whow
John need to
pace himself hes only one bj away from slaggot vill"