Commonly used term by men
fearful of commitment to refer to the woman that they have been dating. This term is usually used to indicate that while he has no intention of being involved in a
committed relationship with said woman she is
off limits to all other men.
WARNING: If you are referred to as a said "lady friend", do not ever make the mistake of referring to yourself as "girlfriend" or hooking up with another guy in front of the man that considers you his "lady friend" as you will no longer be referred to as "lady friend", but instead as "slut", "hoe", "skank", etc.