The Collaborative International Dictionary of English v.0.48:

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.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Skit \Skit\, n.
   1. A reflection; a jeer or gibe; a sally; a brief satire; a
      squib. --Tooke.
      [1913 Webster]

            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.
      [1913 Webster]

   2. A wanton girl; a light wench. [Obs.]
      [1913 Webster]

   3. A short theatrical presentation, often comical or
      satirical. Comical skits are sometimes presented by
      amateur or ad hoc groups at parties, dinners, or other
      social gatherings.
      [PJC]

WordNet (r) 3.0 (2006):

skit
    n 1: a short theatrical episode

Moby Thesaurus II by Grady Ward, 1.0:

118 Moby Thesaurus words for "skit":
   Grand Guignol, Passion play, Tom show, act, afterpiece, antimasque,
   audience success, ballet, bit, bomb, broadcast drama,
   burlesque show, charade, chaser, cliff hanger, closet drama,
   comedy drama, critical success, curtain, curtain call,
   curtain raiser, daytime serial, dialogue, divertimento,
   divertissement, documentary drama, drama, dramalogue,
   dramatic play, dramatic series, duodrama, duologue, epic theater,
   epilogue, exode, exodus, experimental theater, expository scene,
   extravaganza, failure, finale, flop, gasser, giveaway, happening,
   hit, hit show, hoke act, improvisational drama, interlude,
   intermezzo, intermission, introduction, legitimate drama, masque,
   melodrama, minstrel show, miracle, miracle play, monodrama,
   monologue, morality, morality play, music drama, musical revue,
   mystery, mystery play, number, opera, pageant, panel show,
   pantomime, pastoral, pastoral drama, piece, play, playlet,
   psychodrama, quiz show, radio drama, review, revue, routine, scene,
   sensational play, serial, show, shtick, sitcom, situation comedy,
   sketch, soap, soap opera, sociodrama, song and dance, spectacle,
   stage play, stage show, stand-up comedy act, straight drama,
   striptease, success, suspense drama, tableau, tableau vivant,
   talk show, teleplay, television drama, television play,
   theater of cruelty, total theater, turn, variety show, vaudeville,
   vaudeville show, vehicle, word-of-mouth success, work