What is the meaning of Lolly?

A piece of hard candy on a stick; a lollipop.

An ice lolly; a popsicle.

Any confection made from sugar, or high in sugar content; a sweet, a piece of candy.

An easy catch.

Money.

A lump. (clarification of this definition is needed.)

The head (or, by extension, the tongue).

A child. Alternative form of lully (“child”).

A fool.

Something simple to do or understand.

Snow or fine ice floating on water.

Eliciting a response of LOL; funny.

lollipop, lolly

penis

Source: wiktionary.org