/ Dictionary / Index L lolly: Meaning and Definition of Find definitions for: lol•ly Pronunciation: (lol'ē), [key] — pl. -lies. lollipop. a piece of candy, esp. hard candy. a treat. a small bribe or gratuity. money. to lose one's temper. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. See also: lolly (Thesaurus) lollop lollygag Related Content Daily Word Quiz: tenacious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language