slut vs fancy woman

slut and fancy woman both are nouns.

Word	Noun	Adjective	Verb	Adverb
slut	Yes	No	No	No
fancy woman	Yes	No	No	No

As nouns, fancy woman is a hypernym of slut; that is, fancy woman is a word with a broader meaning than slut:

slut (noun)	fancy woman (noun)
a woman adulterer	an adulterous woman; a woman who has an ongoing extramarital sexual relationship with a man
a dirty untidy woman	a woman who engages in sexual intercourse for money
A sexually loose woman