1.The best word in existence. Yellow backwards; commonly misspelled welloy. Also the name of a song by the band Pitiful Excuse.
2. Cute, rad
Dude, did you hear the new song by that band?
Yeah, wolley is the best!

That shirt is so cute!
It's so wolley!
by Emsily B June 26, 2008
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A Dubble Wolley is the new way to say Double Lolly lol.
My fave Lollies ever!!! and if you want one and your boyfriends eating one, and you ask for a dubble wolley he is more likely to think for sute, feel sorry for you and give you a lick lmao! (You've got a dirty mind!!! )
B/f: *Lick Lick-on the double lolly*
G/f: *drools*
G/f: "Can i have a dubble wolley baby?"
B/f: "oh here have a lick" lol SORTED!!! MmMmMmMm
by Trinkbar_Trina March 30, 2005
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