lolly

[lol-ee] Origin

lol·ly

[lol-ee]
noun, plural lol·lies.
2.
British Informal.
a.
a piece of candy, especially hard candy.
b.
a treat.
c.
a small bribe or gratuity.
3.
do one's lolly, Australian Slang. to lose one's temper.

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Lolly is always a great word to know.
So is ort. Does it mean:
a scrap or morsel of food left at a meal.
a gadget; dingus; thingumbob.

Origin:
1765–75; shortening of lollypop
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Collins
World English Dictionary
lolly (ˈlɒlɪ)
 
n , pl -lies
1.  an informal word for lollipop
2.  (Brit) short for ice lolly
3.  (Brit), (Austral), (NZ) a slang word for money
4.  informal (Austral), (NZ) a sweet, esp a boiled one
5.  informal (Austral) do the lolly, do one's lolly to lose one's temper
 
[shortened from lollipop]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

lolly
1854, short for lollipop. In 20c. British slang, also "money."
Online Etymology Dictionary, © 2010 Douglas Harper
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