A non sexual relationship where one friend financially carries the other friend in times of no money.

A term developed in Soquel California
Cody forgot his wallet at home so I had to be his sugar buddy this afternoon
by Michael T Galleeeee June 18, 2017
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1) Smooching companion at a party, while slow dancing.

2) Sexual partner. A bit more than a friend.

3) Friend with money that likes to splurge on others. (younger version of a sugar daddy)
"How'd you get that new car?" From my sugar buddy.
by Eric April 30, 2004
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