LadyGirl: female who wears heavy exaggerated makeup for entertainment purposes. Much like a drag queen
Unlike a "drag-king" which is a woman dressing and acting like a man, a LadyGirl is a female dressing and acting like..well a woman.
"That chick's face looks like it's caked with makeup"
-"of course it does, she's a LadyGirl"
"Don't you mean a ladyBOY?"
-"No, no, no. She's a girl dressed up like a girl"