Often used while sex, if you are a "daddy" you are doing very well while being in her, and that you have just fucked her RIGHT in her pussy, and your dick was probably long enough to reach the uterus (considering you're a daddy). Being a daddy is not who you are to your daughter anymore (unless you live in Alabama ;) ) it is being a strong, sexy ass, man, with your dick in a pussy.
Meaning one; A father figure to a rich teenager/adult or to a young child.
Meaning two; A girl's boyfriend's sugar name during sex or foreplay.
Meaning one; Rich
Rich: Daddy will buy me anything !
Dad(dy): Shut the fuck upBritanny.
Meaning one; Kid
Kid: My daddy is picking me up from play group!
Daddy: Hi sweetie! I'm here!
Meaning two;
Girl: Daddy, fuck me *moan*, deeper Daddy!
Boy: *Moan* ~~~