Longman Dictionary of Contemporary English homepage

Date: 1800-1900
Origin: lollipop

lolly

 noun
     
lol‧ly plural lollies British English informal
1 [countable] frozen juice or ice cream on a stick [= ice lolly]
2 [countable] a hard sweet made of boiled sugar on a stick [= lollipop]
3 [uncountable] old-fashioned money - used humorously
Definition from the Longman Dictionary of Contemporary English
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