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Derived from the from lolita complex - from Nabokov's novel "Lolita". Lolicom is non-standard, lolicon is preferred (due to the phonology of Japanese allowing for n-endings but not m-endings).

1) (Noun) (Japanese usage) Someone who is attracted to prepubescent girls; a paedophile.

2) (Noun) (Western usage) Hentai (Anime/manga pornography) depicting prepubescent girls.

Note: often the term "lolicom" (like related terms) is misused to refer to pornography of/attraction to infant, adolescent, etc. girls. Strictly speaking, however, the term refers only to prepubescent girls (primarily ages 4-12)
Sense 1:
Person A: Sometimes I go to school sports days to take pictures of the shougakusei..
Person B: You lolicom!

Sense 2:
Person A: Look at this awesome lolicom manga I bought yesterday!
Person B: *fap fap fap*
lolicom by Baaru February 26, 2009
Anime term: Young or underage girl.
Usually conveyed as innocent/curious and put in a tempting, not-so-innocent situation. See jailbait.
Girl: I just stayed at some guys house. He's 23.
Friend: But you're a lolikon...
Girl: I know. Hehe.

Male Over the Age of 18: That girl is way too hot to be a lolikon. o_o;
lolikon by Wistful July 5, 2005

Lollicon 

A person who likes women who look younger, but are of age.
"Wow look at jennifier, she looks 16, its hard to believe she is 27"

"You're such a lollicon"
Lollicon by LiteraryKitty March 5, 2018

Lollicon 

A japanese word used in anime to represent boys who love kids sexually
Your a lollicon prince dylan
Lollicon by Hsghshshdhdh May 24, 2018

Lolimonjaro 

Lolimonjaro is a mountain of 'lols' ; LOL to the extreme,

LOOOL!
person 1: *joke*
person 2: LOLIMONJARO!!
Lolimonjaro by I<3penguins:) March 7, 2011
a simple infusion of the acronym 'LOL' and the word 'lion' by someone who thought that it was not only funny, but ingenious to use the last letter of a word to act smarter.
Q:what's an animal with a mane and a tail?
A:lol...it's a lion...
A2:OMG! lol, lion, LOLion!! :O
LOLion by Dracardo July 31, 2011