The word lady is a civil term of respect for a woman, specifically the female equivalent to gentleman or lord, and in many contexts a term for any adult woman. Once confined to usage when specifically addressing women of high social class or status; over the last 300 years, the term may now be used to refer to any respectable adult woman.

https://en.wikipedia.org/wiki/Lady

"Better by far to embrace the hard truth than a reassuring fable."
Carl Sagan
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