Assuming you do not mean the name 'Lola' (which means 'Lola'!), the two words 'lo' and 'la' can mean 'it' (for masculine and feminine nouns, respectively), e.g.
'El libro, damelo' = The (masculine) book, give me it.
'La cuchara, damela' = The (feminine) spoon, give me it.
'La' can also mean 'the' (definite article) for feminine nouns, e.g.
'La cuchara' = The spoon'.
lola la loca
It means: "we have it in school"--- en la escuela la / lo tenemos...In school we have... en la escuela tenemos...
The English word "the" is translated as "el", "la", or the less common "lo", depending on whether the word is masculine, feminine, or neutral.
Lo que sobre la mujer
lo/la, depending on gender of word 'it' stands for
El, la, lo, los or las.
You say, "Tú lo/la* tienes todavía." *The choice of either 'lo' or 'la' depends on the gender of whatever 'it' is.
The Spanish word "lo" can be translated to "it" in English. It is often used as a direct object pronoun in Spanish sentences.
¿Dónde aprenden semejantes groserías?
Una vez le / lo / la amé (to you, polite singular for men "le, lo" and woman "la") una vez te amé (informal you) * In this case "amar" is used in singular
"Lo dejo" in Spanish can mean "I leave it" or "I quit." The exact meaning can depend on the context in which it is used.
quiero entrevistarte/lo/la