slum

Short definition from Wiktionary

Noun

1. 1
   A dilapidated neighborhood where many people live in a state of poverty.
2. 2
   Inexpensive trinkets awarded as prizes in a carnival game.
3. 3
   Slumgullion; a meat-based stew.
4. 4
   Nonsense; humbug.

Verb

1. 1
   To visit a neighborhood of a status below one's own.
2. 2
   To saunter about in a disreputable manner.