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1 definition by rocking_redhead0399

acronym meaning Old Little Man
can be used as a sign of affection or as a "put-down" to someone who used to have a higher standing in society.
1. "AWW look at that olm! He's so cute"

2. " You have no say in how we run this company you old little man!"
by rocking_redhead0399 June 13, 2008