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1) A form of payment in kind involving sexual activities, usually between a subordinate and a superior. E.g an employee-employer, student-lecturer, etc.

2) Engaging in a sexual activity with someone in exchange for gifts.
Example 1.
Student: Sir, please, my grades are down. How can I get them back up? I'd really love to graduate this year.
Lecturer: Read more, take your projects seriously.
Student: How about a sexual favour? (Unbuttoning blouse) I'd take you places you've never been.

Example 2.
Brianne traded getting promoted with sexual favours, threatening to fire anyone who failed to comply.
by 02225 February 06, 2014
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A kid in my class is a water slapper
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