A man who is paid for his escorting services, usually with rich, older ladies. He is the complete opposite of a sugar daddy.
Edna is paying Steve $100 an hour to date her. He's a salt daddy.
by Chad Apollo December 22, 2020
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Based on the term "salt of the earth", a salt daddy is an older man dating a woman much younger (age gap ~10 years or greater), who has an annual gross income of less than $150k/year.
She is so much younger than him. Lauren is definitely not dating Brian for his money; must be her salt daddy.
by Concipio Veritas February 21, 2017
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An older man who has a relationship with a younger female but doen't have anything to offer her.

The opposite of a sugar daddy!
Q:"Why can't cant your older man help pay your bills"? A:"Because he is my salt daddy"
by ctdouble June 26, 2011
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An elderly man - usually lacking style and charisma - who either receives sexual favours, the promise of sexual favours or adulation from a younger person (usually female) in return for very little; boiled sweets, cigarettes, a lift to the shops etc.

See also ‘Salt & Pepper-Mama’.
Person 1: "Hey check it, I totally hooked up with this wicked sugar-daddy and he gave me this diamond necklace and a bag full of coke".
Person 2: "Damn I put out twice last week and all I got was two cigarettes, half a bottle of portello and a freddo frog. I think I got me a salt & pepper-daddy".
by Markel Markelson January 27, 2009
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A handsome 40+ year old man, usually with a darker hair and beard with some white/grey hairs mixed in (salt and pepper).
I want to hate Negan from The Walking Dead so bad but he's such a salt&pepper daddy I just want to sit on his face
by dollylewis March 20, 2018
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