Actually does mean money. Think dollars. Originated from East Coast/NY style hip hop.
"It's me and you do it live on stage for dolo" - Prodigy of Mobb Deep
by pitch black August 01, 2006
a word used to describe a person and his/her good or bad actions. Those who are considered "DoLo" inscribe the letters on their knuckles and frequently communicate with other "DoLo" members with fist pounds.
Jess: I got a 93 on the test Charlie what did you get?

Charlie: I got a 67 DoLo!!!!!
by Cheezy aka CheeKs December 03, 2005
Term also meaning "Down Low"
Associated with doing something that you don't want anyone else to know.
John is in a relationship with Mary, but he thinks that Kim is hot. John wants to get with Kim on the "dolo", unbeknowing to Mary.
A classic case of "having your cake and eating it too."
by Michael D. Harris February 11, 2005
A solo that is performed with such skill and beauty that the S can not appropriately describe it.
What a beautiful dolo that was! I died inside and was reborn listening to it.
by One Cool Cat Jazzer September 10, 2011
Used in many different ways, an additional meaning is of one with little or no money. A slang conglomeration of, "dough," and, "low," it's a quick-reference term when one has little cash available at the current juncture in time.

"Hey, yo. You wanna hit up liquor store and drink some tonight?"

"I can't, man, I'm dolo right now. Maybe tomorrow."
by CSquared288 April 17, 2009
just like it sounds: a big stupid-head. (see also: barzhang)
origin: campbell river b.c, 1987-1988.
1. oh shit, i forgot my keys at home; i am such a fucking dolo!
2. don't bogart the nooch, you dolo!
3. mi nuevo tattooaje es doloroso!
by ojos azules March 24, 2007
slang for money; like "dough"
going to work, gotta make the dolo.
by mia August 29, 2003
a marijuana cigar, or "blunt", rolled for one singular person to smoke.
Every year on New Year's Eve, we everyone at our party has a dolo.
by AliChronic July 14, 2011
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