A side piece or mistress. From the Japanese word "Arubaito" - a part-time job.
After work I'm going to my baito.
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Supposedly the spanish translation of "the bait"
(pl. los baitos)
"Dang she alwyas gets el baito!"
I'm a little interested, but I also don't give a shit
Dude he totally gave her a Baito Look last night...