sugar daddy

A lonely, desparate, usually but not always older man who has nothing else going for him except money, so he uses money and expensive gifts to attract women, who are usually but not alway younger and have little going for themselves with the exception of their appearance, and with little skills or ambition, often don't have many other options besides minimum wage, exotic dancing, or outright prostitution. It's essentially a legal and somehow more socially accepted version of prostitution, since the woman would have nothing to do with the man if he didn't have money to buy the expensive gifts and forgo any type of true love based on attraction or personality or dignity to do so. Also see his usual companion.