Merriam-Webster's Collegiate® Dictionary, 11th Edition
JOLLY
I. adjective (jollier; -est) see: yule
Date: 14th century
1. a. full of high spirits ; joyous , given to conviviality ; jovial , expressing, suggesting, or inspiring gaiety ; cheerful , extremely pleasant or agreeable ; splendid , see: merry
II. adverb
Date: 1549
very ,
III. verb (jollied; jollying)
Date: 1610
intransitive verb to engage in good-natured banter, transitive verb to put or try to put in good humor especially to gain an end,
IV. noun (plural jollies)
Date: 1905
a good time ; jollification , kicks