Top Definition
An English fifty pound note.
Derived from the pinkish-red colour of the note and the picture of the queen it carries.
He never thought I would raise a monkey by the end of the day; you should of seen his face when I gave him those ten red ladies.

2. I couldn't get a round as the bar wouldn't take my red lady.
by no_one_really October 04, 2009
7 Words related to Red Lady

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