A Slooty Nickel is a term reffering to a
girl who is both slutty, and a 5 on a scale of 1-10. The Slooty Nickel is a
girl who is the "might as well
girl" at the end of the night.
JON: Hey man, I'
m going to hook up with that slooty
nickel.
DAVE:Why?
JON:Because no good looking
girl here is going to put out. And why not?