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spunk (n.)

1530s, "a spark," Scottish, from Gaelic spong "tinder, pith, sponge," from Latin spongia (see sponge (n.)). The sense of "courage, pluck, mettle" is first attested 1773. A similar sense evolution took place in cognate Irish sponnc "sponge, tinder, spark; courage, spunk." Vulgar slang sense of "seminal fluid" is recorded from c. 1888.

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Definitions of spunk from WordNet

spunk (n.)
material for starting a fire;
Synonyms: kindling / tinder / touchwood / punk
spunk (n.)
the courage to carry on;
he kept fighting on pure spunk
Synonyms: heart / mettle / nerve
From wordnet.princeton.edu