Source : Webster's Revised Unabridged Dictionary (1913)

Skit \Skit\, v. t. [Prov. E. skitto slide, as adj., hasty,
   precipitate, of Scand. origin, and akin to E. shoot, v.t.;
   cf. Icel. skyti, skytja, skytta, a marksman, shooter,
   skj[=o]ta to shoot, sk[=u]ta a taunt. [root]159. See
   {Shoot}.]
   To cast reflections on; to asperse. [Prov. Eng. & Scot.]
   --Crose.

Skit \Skit\, n.
   1. A reflection; a jeer or gibe; a sally; a brief satire; a
      squib. --Tooke.

            A similar vein satire upon the emptiness of writers
            is given in his ``Tritical Essay upon the Faculties
            of the Human Mind;'' but that is a mere skit
            compared with this strange performance. --Leslie
                                                  Stephen.

   2. A wanton girl; a light wench. [Obs.]

Source : WordNet®

skit
     n : a short theatrical episode