When addressing somebody in a casual conversation, it is common for Cebuanos to use common nickname for a certain group of individuals that fall under certain traditional brackets.
Manoy or 'Noy - used for old men specially 50 years old or older. Only use this if you are much younger than the person. Very old male (65 and above with white hair) are also often called Lolo or 'Lo (grandpa).
Manang or 'Nang - for old women aging 50 and above. Only use this if you are much younger than the person. Very old ladies (65 and above with white hair) are also often called Lola or 'La (grandma).
Bai - affectionately given to male friends of the same age level. It is also commonly used to male acquaintances of the same level. Not adviseable for formal conversations.
Dodong or 'Dong - used as a standard way of addressing younger males. May be used even for teenagers as long as you are much older than the person.
Inday or 'Day - commonly used to address younger females. May be used even for teenagers as long as you are much older than the person.