lolly /ˈlɒl.i/noun 11adjective 1forms 3phrases 1 noun11 •A piece of hard candy on a stick; a lollipop. •(UK, Ireland) An ice lolly; a popsicle. •(Australia, New-Zealand) Any confection made from sugar, or high in sugar content; a sweet, a piece of candy.He looked straight into Frau Diller′s spectacled eyes and said, ‘Mixed lollies, please.’ Frau Diller smiled.[…]‘Here,’ she said, tossing a single lolly onto the counter. ‘Mix it yourself.’ — 2008 •(UK, slang) Money. •An easy catch. •(Canada) Snow or fine ice floating on water.The water was covered with what they term "lolly," of "slob" — i. e., very small pieces of ice and snow mixed together, making the surface the consistency of pea soup. — 1867 •(no longer used, old-fashioned) Something simple to do or understand. •(slang, no longer used) The head (or, by extension, the tongue).The dancing party was knock’d up, and were lobbing their lollys, half asleep and half awake, on the table, bowing as it were to the magnanimous influence of Old Tom. — 1821 •(no longer used, old-fashioned) A fool. •(no longer used) A child. Alternative form of lully (“child”).With you in bed, and a sick lolly lying along-side we can make no end of hauls [...] It isn’t going to hurt the child in the end. — 1891 •(no longer used) A lump. adjective1 •(Internet) Eliciting a response of LOL; funny. formslollies · lollier · lolliest Phrases with lolly lolly upTo inform on.