1 : an Englishwoman of noble or gentle birth. 2 : a woman of fashion.

Is Milady a bad word?

Milady (pronounced “mih-laid-ee”) is an noun. It is a form of address for an English noblewoman. It's a not a word we hear a lot in the US.

Is it my lady or Milady?

Milady (from my lady) is a French manner of address to a noble woman, the feminine form of milord.