Used to describe a male ( typically over the age of 40, but not exclusively) whom caters to women with financial benefits in exchange for time, sex and/or attention, etc.
James: Hey, I saw you with a cute younger blonder girl at that fancy restaurant downtown? She's old enough to be your daughter.
Peter: Yes, I met her on Tinder. She needs funds for her college tuition. I am her sugar daddy & we met once a week.
Peter: Yes, I met her on Tinder. She needs funds for her college tuition. I am her sugar daddy & we met once a week.
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