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spic

American  
[spik] / spɪk /
Or spik,

noun

Slang: Extremely Disparaging and Offensive.
  1. a contemptuous term used to refer to a Spanish American person.


spic British  
/ spɪk /

noun

  1. slang a derogatory word for a person from a Spanish-speaking country in South or Central America or a Spanish-speaking community in the US

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of spic

First recorded in 1910–15; earlier also spig, short for spiggoty, probably derived from an accented pronunciation of (No) speak the (English)