Hmm. An older woman liking a significantly younger male is called a cougar. This is quite slangy..
And anyone over 18 liking anyone younger than 18 is called a pedophile. This isn't considered slang, really. Usually the age difference in this situation must be quite large.
And to ask him/her out suggests the prospect of dating but does not necessarily imply it. Because if you ask someone out, you bring up the possibility of dating but he/she can still reject you. Whereas go out and dating mean basically the same thing, but going out is a slang term and doesn't necessarily refer to dating.
ex. I went out with him for a month but then I realized he wasn't right for me. (implies dating)
versus I'm going out with my friends tonight. (This implies just going out of the house to have fun.)