Used to define a mechanical part or mechanism the the user does not know the actual word for.

Similar to thingamabob, doohickey or thing-a-ma-jig
Cohutt broke his doo-lolly and had to e-mail Dillon Precision to get a replacement
by Adam Neat (ANeat) May 19, 2007
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Another word for a slut or a prostitute.
This word is yet unknown to many so it is used like a codename in the hope that the girl doesn't know that she is being called a slut.
Friend 1: Omg that girl is a punting lolly
Friend 2: YEAH LOL
Girl: *Thinks* huh what does that mean? :S
by Knowitalllll March 26, 2013
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Australian term for briefs, Speedo bathers or any other skimpy men's underwear that makes the wearer's package look like a bag of mixed lollies. Bad news for unfortunate witnesses.

Other useful terms are tighty whities, budgie smugglers (awesome mental picture that) and banana hammock.
Lolly bags: see above. Do I need to draw you a picture??!!
by Choda Boy 57 August 24, 2006
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To waste time, mostly by doing insignificant tasks for self ammusement. Also could be thought of as a slang for masterbation.
by aaron May 29, 2006
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a hard candy that comes in different colors and flavors
1. The little kid got a lolly pop from the candy store.
by Dark Panther September 30, 2005
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when the cocaine crust in your nostril mixes with a booger.
"chili was on a 3 day bender, blew his nose and topped up with a coke lolly."
by TheOldGuyAcrossTheRoad February 28, 2018
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The act of a male hitting his bell piece against the woman's vagina entry or clitoris. This normally takes place when the female is on her period when she doesn't want your package inside her but just wants a good lolly hammer sesh.
"She was on her period so we just lolly hammered instead."

Bellpeice vagina clitoris lollyhammer peroid
by bitchtitsMT December 28, 2013
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