it is a combination of several possible adjectives including smelly, slimey, skunky, and the word cunt. so if you want to save time by not saying "shes a smelly cunt" you can now say, "What a scunt!". done.
Stephen Fry via Futurismic: 'CCTV is such a bland, clumsy, rhythmically null and phonically forgettable word, if you can call it a word, that the swipe lacks real punch.
'If one believed in conspiracy theories, you could almost call it genius that there is no more powerful word for the complex and frightening system of electronic surveillance that we lump into that weedy bundle of initials.
'For if CCTV was called... I don’t know... something like SCUNT (Surveillance Camera Universal NeTwork, or whatever) then the acronyms might have passed into our language and its simple denotation would have taken on all the dark connotations which would allow "One nation under scunt" to have much more impact as a resistance slogan than "One nation under CCTV". "Damn, I was scunted as I walked home," "they’ve just erected a series of scunts in the street outside," "Britain is the most scunted country in the world"... etc. etc. Or maybe, just maybe, we should stick to the idea of initials and borrow a set that have already taken on the darkest possible connotations of evil and tyranny. Surveillance System. SS.'