Cougar honey is the substance that leaks from an excited, horny, and in need of cock older women's vagina when she is being hit on by a younger man (cub).
Dad: boy how was Cougar and Cub night
Son: well Dad I had this hot cougar last night and had a crazy and will time but I still can't get this cougar honey smell of my ball sack.
Dad: Well son, should have used a ball cincher to keep them boys back.