Meaning of the word "young lady" in English

What does "young lady" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

young lady

US /ˌjʌŋ ˈleɪ.di/
UK /ˌjʌŋ ˈleɪ.di/

Noun

a polite or formal way of addressing or referring to a girl or young woman

Example:
Excuse me, young lady, is this seat taken?
The teacher asked the young lady to pay attention.