Meaning of the word lovey in English

What does lovey mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

lovey

US /ˈlʌv.i/
UK /ˈlʌv.i/

Noun

a term of endearment, often used for a loved one or a child

Example:
Come here, my little lovey, and give me a hug.
She always calls her cat 'lovey'.