1780 Painting by John Collet - The Transmutation of Sexes
1.) An effeminate young male. 2.) 1700 British. A gay dude. The term comes from the notorious men's club, The Mollies or the Molly-house(s). It was like the bunny ranch, but for gay men. Other spellings include: Molley, Mollie, Mally or Moll.