When a woman buys drugs from a guy and gets a better amount or a discount. The male dealer gives the woman a better amount simply because they consider her a potential sex partner and/or find her attractive.
Example 1: "I was going to buy off of Tony, but I decided to let my friend Rachel do it instead. She got hooked up fat! I bet it was the vagina discount."

Example 2: "Wow, Miranda, you totally got hooked up. He must think you're hot, because you got the vagina discount".
by R Calcaterra November 03, 2011

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