A derogatory term for
alimony that was coined by radio
shock jock Tom Leykis, who has defined vaginamoney as "paying for a vagina that you no longer have use of." Ex-wives who demand vaginamoney, according to Prof. Leykis, are prostitutes who expect ongoing monitary compensation for sexual favors provided in the past.
Professor Leykis told the male caller, "If a golddigging bitch divorces you after
ten years of marriage in California, you'll be paying
the bitch vaginamoney for the rest of your goddamn life."