1. noun: A girl who is graded as a 5 on the attractivescale of 1-10 that puts out more than the average girl in order to receive attention despite her low grade.
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.
A slooty person, or someone being a sloot, is a person who is perfectly respectable but is exploring their sexuality by doing things which could be considered slutty. This is a positive term used for someone who is comfortable with their sexuality and using it to their hearts content. It is not gender specific.
Person 1: " I think I'll be a little slooty tonight. Maybe I'll see how many boys I can pick up in the evening."