The most common and most likely answer to this crossword clue is the 4 letter word LOLL
I've seen this crossword clue in The Times
L
O
L
L
More clues leading to the result LOLL
- Expression of amusement having left lounge
- Returning some tell oldster to relax
- Primarily: lounge, or lie lazily
- Lie about money being short
- Three learners gathering round to relax
- Laze about having endless money
- Loaf of bread cut
- Slump, seeing money is short
- Absorbing nothing, learners lie and take it easy
- Lounge around after money’s cut
Buddy explains!

The straight part
We know that "lounge" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lounge = loll.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does LOLL mean?
LOLL verb- To act lazily or indolently while reclining; to lean; to lie at ease.
- To hang extended from the mouth, like the tongue of an animal heated from exertion.
- To let (the tongue) hang from the mouth in this way.