lulu

1 [loo-loo]
noun
1.
Slang. any remarkable or outstanding person or thing: His black eye is a lulu.
2.
(initial capital letter) a female given name, form of Louise.

Origin:
1855–60; in slang sense, perhaps generic use of the proper name

Dictionary.com Unabridged

lulu

2 [loo-loo]
noun Slang.
a fixed allowance paid to a legislator in lieu of reimbursement for actual expenses.

Origin:
special use of lulu1, with play on lieu, from a facetious remark attributed to New York governor Al Smith

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
lulu (ˈluːluː)
 
n
slang a person or thing considered to be outstanding in size, appearance, etc
 
[C19: probably from the nickname for Louise]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

lulu
"remarkable person or thing," 1886 (first attested in a baseball article from New Orleans, U.S.), perhaps from earlier looly "beautiful girl," of unknown origin.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences for lulu
Chow remarks that lulu, is likely to forever remain living in the past.
Like lulu, chow tried fruitlessly to recapture his past through the present.
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