sugar parent

plural sugar parents

1. slangA person who spends money for the benefit of a younger person, typically in exchange for companionship or sexual favors.

   2001, Rhonda Whitton and Sheila Hollingworth, A Decent Proposal: How to Sell Your Book to an Australian Publisher, Common Ground (2001), pp. 105–106, That's why you'll either need a sugar-parent (let's not be gender biased here), or another source of income.

   2 more examples

   1987, Jean Stewart, "Transcendence", in Marsha Saxton and Florence Howe, Eds., With Wings: An Anthology of Literature by and about Women with Disabilities, Feminist Press (1987), p. 131, "[…] Get yourself a Sugar Daddy!—a Sugar Parent—to help you with the daily stuff."

   If you want a sugar parent of your own, don't go past first base until you've received a present of some kind.

   2006, Lorelei Sharkey & Emma Taylor, Em & Lo's Rec Sex, p159