Fake token is a term used to describe a counterfeit or imitation item, usually made to look like a real item. It is often used to refer to coins, tokens, or other items that are not genuine. The term 'SLUG' is a four-letter word used to describe a fake token. Slugs are typically made of metal and are designed to look like real coins or tokens, but they have no value. They are often used in place of real coins or tokens in vending machines or other coin-operated machines.