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A word that can be used interchangeably with the term "penis". However, most people refer to the chocolaty delicious caramel filled candy made by Nestle when speaking of rolo.
Mom: Go help me find the Rolos, they should be in aisle 4.

Daughter:I found the PENIS!

Stranger Who Does Not Understand term of Rolo: *awkwardly walks away
by liaostep August 18, 2012
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A person borned in the city of Bogota, Colombia and most often recognized by his/her accent.
Llame al Rolo. (call rolo)
by Jhonny Perez April 23, 2004
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In an academic setting with mixed age groups it is a random old lady outburst. Typically drawing upon examples using their kids, grandkids, and other non-relevant things that matter nothing to anyone.
Person 1: How was class today?
Person 2: My lecture was fucking hijacked by a rolo
by boredscholar December 06, 2010
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the shyt. on my boot :)
little chocolate things... with caramel inside
omyjezus, I ate the most delicious rolo the other day.

"how do they get the caramel inside the rolo?"
"they just put it in dipshit"
by harrybrush December 23, 2008
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the name given to the act when a male places a ring donut on his penis and a his female partner then performs fellatio on him. Once he orgasm, she eats the 'Cream Donut'
Jack is so horny that he daydreams the entire day about getting a Rolo from Susan.
by choco R September 24, 2014
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