A female who is under the age of consent but who dresses, acts and appears as if she is over the age of consent and who does nothing to correct that impression when she is bedded.

I couldn’t care less (but one must keep up appearances, right?)

An underage boy or girl who is sexually attractive. Typically young teens who aren't aware of their status. If you DO end up getting with one, it'll land you in jail. That's why they're BAIT.

An attractive underaged girl who you'd like to bang. But if you get caught banging her you'll go to jail, so she's the bait that lures you into the jail cell, hence the term jailbait. Is similar to a lolita, except the term jailbait only applies to an attractive underaged girl that you want to bang, while a lolita is an attractive underaged girl who also wants to bang you

tempting female below the age of consent.

a female below the legal age of sexual consent

An attractive young woman whom you drool over for any chance and you probably do. That is, if you don't mind serving time because she's underage.