A girl or woman that is generally well-received with others, loyal, or says/does cool things. The female equivalent of a "Good Cunt".
Mostly used as a casual term of endearment between girls, to establish friendship and sociability. However if a guy says it, the girl will usually assume he is being disrespectful and become offended.
It can also be shortened to "G.B" if someone is too afraid to say "bitch" out loud.
Girl 1: (picks up something her friend dropped)
Girl 2: haha good bitch
Girl 1: aw you're welcome!
Guy: Hey honey I'm busy, could you please grab me a beer?
Girl: (gets can of beer, gives can)
Guy: Thanks babe, good bitch haha.
Girl: WHAT DID YOU JUST CALL ME?!
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