A female prostitute. A woman who has a continuing sexual relationship with and receives financial support from a man.
Steven: Oh my god, you'll never guess what I found out today! Tracy is a gigola.
Annie: No way, she is? This is low, even for her.
Annie: No way, she is? This is low, even for her.
by Annie T. September 14, 2006
Gigolas service wealthy women, as opposed to servicing heterosexual men like most female prostitutes do.
by ak247 March 24, 2014