Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
dilly-dally is a verb meaning "postpone doing what one should be doing". It carries one recorded sense.
postpone doing what one should be doing
“He did not want to write the letter and procrastinated for days”
Definitions, synonyms and semantic relations for dilly-dally come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.