noun
a type of dating where one person provides financial or material support to another in exchange for companionship or intimacy
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Sugar dating is a type of mutually beneficial relationship where a younger person receives financial support from an older person in exchange for companionship.
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Have you heard about sugar dating? It's when someone gets gifts and money in exchange for spending time with someone else.
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Sugar dating is like having a sugar daddy or sugar mommy who spoils you in exchange for your company.
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In the world of business, networking can be seen as a form of sugar dating where connections are made in exchange for favors.