lola

1. colloq. carouser; reveller; playboy
   Njen deda je u mladosti bio velika lola. — Her grandfather was a real reveller in his youth.
   Ne veruj mu, on je lola i bekrija. — Don't trust him, he's a carouser and a drinker.
2. dated regional (in folk songs) sweetheart; beloved young man
   U pesmi devojka čeka svog lolu. — In the song, a girl waits for her sweetheart.

The word sounds old-fashioned and appears mostly in folk songs and in jocular speech.