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As of August 29, 2008, (the day the previously little-known Alaska Governor Sarah Palin was announced as John McCain's running mate) it also stands for Governors I'd Like to Fuck.
Now the presumptive 2008 Republican vice-presidential nominee, Alaska Governor Sarah Louise Heath Palin has decisively displaced Canadian-born Michigan governor and former Hollywood starlet-wannabe Jennifer Granholm as America's premiere GILF.
GILF by MotownSingleGuy October 18, 2008
Related Words
Guy I'd Like (To) Fuck
Tina: Brad is one hot GILF!
Jim: TOTALLY!
John: Jim, you're gay!
Gilf by One111 March 1, 2009
When a young girl sees an older attractive man an has a desire to be 'schooled.'

"He might be old, but at least he knows how to tickle my God damned G-spot."
gilf by The GILF in Ransomville November 28, 2004
Young looking Grandma and Grandpa that I would like to fuck
Gilf by Mahogany Rose May 26, 2018
Asian: "Look at him! Look at him! Look at him! Look at him! *points at ginger*"

Jack in the box man: "Dayummm, he's a GILF!"

Ginger: "GINGERS DO HAVE SOULS!!!!!!!!"
GILF by Feisty Asian April 21, 2010
Melonie always talks about fixing floppies, handling hard drives, and interfacing the mother board...she is such a gilf.
GILF by TomBrown February 23, 2011