Etymology
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skit (n.)

"piece of light satire or caricature," 1820, from earlier sense "a satirical remark or reflection" (1727), originally (1570s) "a vain, frivolous, or wanton girl" (originally Scottish, now archaic), related to verb meaning "to shy or be skittish, caper, frolic" (1610s), perhaps from Old Norse skjuta "to shoot, move quickly" (see skittish).

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Definitions of skit

skit (n.)
a short theatrical episode;
From wordnet.princeton.edu