What is Paymaster?
1.
An individual who uses his/her money and material posessions to gain companionship. A Paymaster is often unattractive or older, and has difficulty maintaining meaningful relationships.
When you see a young, beautiful woman with an old, broke down man there's a good chance he is paying her bills, buying her clothes, wining and dining her, and NOT getting any sex! This poor man would be considered a PAYMASTER.
"She is way too pretty for him; dude must be a Paymaster!"
See