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1. pedobait
Noun
An underage person, usually a girl, who acts very slutty, and if a pedophile saw them, they'd get raped.
See that ten year old wearing a thong? That's pedobait right there.

Quit wearing so much makeup, you look like you're pedobait.

Jimmy, quit waving your penis at strangers, you little piece of pedobait.
2. pedobait
The victim or possible victim of a pedophile.
That chick is dating a 29-year-old. She's such a pedobait.