cougbag 

A combination of the word cougar and douchebag. A 40-something years old woman decked-out in Ed Hardy apparel and gawdy jewelry who likes to hookup with much younger men. Most of the time, the younger men are also douchebags.

Last night I totally hooked up with a cougbag at the club, bro!

cougbag by b00zy August 6, 2010

Couglage 

(Noun) The wrinkly, tanned cleavage of a single lady between the ages of 35 and 50.

Mary Murphy (judge from So You Think You Can Dance) often proudly flaunts her badass couglage.

Couglage by Thoughtful_Procrastinator August 21, 2013

Cougbait

A cougbait is the prey of a vicious cougar(as in the older woman who likes younger men, not to be confused with the wild animal). A cougbait is usually quite innocent, extremely handsome, funny, and smart.
they can lure the coug to do almost anything they please

cougar: you look pretty hot young fellow
cougbait: hmm i like older women, wanna go back to my place;)
cougar:why of course i do.

Cougbait by someonecool45 December 23, 2009