It implies a "third gender" or a caricature rather than recognizing a person's identity as a woman.
It appears in older documentaries or books from eras before "transgender" became the standard term.
It is most commonly associated with adult entertainment, which can dehumanize transgender women.
For individuals whose identity doesn't fit strictly into "male" or "female."
Despite its status as a slur in polite society, you may still encounter the term in specific areas:
Originally used in literature as a humorous or literal way to describe "female" versions of things or people.
To help me provide more specific information, could you tell me if you are interested in: The of gender-related terms? Resources for respectful allyship and terminology? The history of transgender representation in media?
It remains a primary "keyword" for search engines and marketing in adult content.