Token is a slur used to describe Blacks in a derogatory way. Indicates that a person is unqualified for his/her position and received it on racial grounds. One of the two black characters on the show South Park is named Token. Could be used for any race.
The word Token is a racial slur that has been used historically to degrade and dehumanize blacks. The word is still used by some people for this purpose, and it is seen as offensive and hurtful to blacks. If you are unsure about whether or not it is appropriate to use the word Token, it is best to err on the side of caution and avoid using it in any situation.