Commonly used among women or gay men. The term defines a male who has been once overlooked by his peers but later settled for because other more attractive males have already been taken for the evening.
Brandon, Johnny and Tyler were sitting at a table in Krave disclosing last nights hookups.
Johnny: I ended up going home alone for once last night, what about you guys?
Brandon: I went home with this top daddy named Brad.
Tyler: Oh, he was hot! I ended up going home with Jay.