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They aren't prostitutes, more like female pimps who in many countries their main job is to provide women for men. They pretty much find or gather prostitutes and "sell" them.
My mother-in-law was a madam (literally).
by SARA1 December 29, 2009
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2
a former prostitute who now runs her own escort service by hiring hookers and pimps
I was a streewalker but ever since last year I am a madam and i make better $$$
by kira March 19, 2004
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3
To reserve a piece of prime real estate in a desirable neighbourhood only to repeatedly shun it and then request the constant assistance of the land lord of the first said property.
A: I saw that girl your sister is friends with at the club. Considering we were in the same dorm, I thought it was in the bag. Then she disappeared and went home with some douche bag American. She then had the audacity to call in the morning and ask for a lift to avoid the long walk of shame in the rain.

B: My god, you were M. Adams'd
by H. Foxman January 27, 2012
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4
1)An ex-hooker whose pimp is no longer with her. 2)A woman with a tendency to use exaggeration for personal gain and manipulation. 3)Prostitutional waste.
woman#1: Pretty call girls can make $3000 a night with no hassle and no pimp.

woman#2: Yeah right. Excuse me, Madam.
by anon March 01, 2005
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5
A slang name for the drug MDMA, the pure form of the drug ecstacy.
Mate, if you're picking up could you grab me a few bombs worth of madam??
by Campbell Reid November 06, 2006
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