noun; a young lesbian that frequents lesbian clubs in search for a much older woman. Usually the younger lesbian (the dragon) is unstable and in financial need, and is in search of an older or more financially secure woman to take them in and provide for them. The lesbian dragon is often a high-school, or college-aged girl (16-26 years old) that was kicked out of her parents' home for being gay and is searching for both emotional and financial stability. The targeted older female is often one that either 'came out' late in life, or otherwise single and easily manipulated. The term 'lesbian dragon' has a negative connotation because the older woman is often trapped by the youthful and sexy appeal of the dragon, and doesn't realize her predicament until she is paying for the dragon's living expenses, college tuition, cell phone bills, food and other expenses in exchange for a sexual relationship. When the older woman justifiably breaks off the relationship with the lesbian dragon, the dragon is off to the club once again in search of another older woman. Club, here, can be replaced with online dating sites as well.
Lesbians at a bar talking about other lesbians in a lesbian bar:
"Remember that 19 year old art student that used to sleep on my couch in my apartment because she had no where else to go?"

"The one that was kicked out of her house for being gay? yea whatever happened to her?"

"She got into the local lesbian bar with a fake I.D. and met a woman, some 38 year old lawyer and u-hauled in with her a week later. Now she left that woman for that woman's boss who is the law firm executive."

"That art student was such a lesbian dragon"

"Thats
by DykeDrama June 22, 2009
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This term first originated on a World of Warcraft private roleplay server when roleplaying dragons became the new 'in'. A lot of people chose to use these dragons not for innovative roleplay, but to get their rocks off with their ubar hawt scalies. This was taken even further by the fact that many of these people had lesbian homosexual relationships with these dragon characters, even if they had other duties (such as administrating the server). When that server went down, the biggest lesbian dragon buttsexer even made his own server to have lots of lesbian dragon buttsex all over the place. The term now applies to any type of silly ERP in any roleplay server, including- but not limited to: Random dragon characters, random lesbianism/gayism, and an over-active sex-drive on powerful wizards and warriors.
"Dude, that server is full of Lesbian Dragon Buttsex."

"Those guys are probably Lesbian Dragon Buttsexing over there."
by Leo Head July 4, 2009
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This term first originated on a private World of Warcraft RP server when it got messed over and stupid people got to play Dragons. There were some ERP freaks amongst them and basically all they did was have crazy lesbian dragon buttsex, even though some of them had other duties such as GMing. When the original server went down the biggest lesbian dragon buttsexer even made his own server to have lots of lesbian dragon buttsex all over the place.
by Leo Head June 27, 2009
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