Chorus:
All around my hat,
I will wear the green willow
All around my hat,
For a twelvemonth and a day
And if anyone should ask me the reason why I'm wearing it,
It's all for my true love,
Who is far, far away
Fare thee well, cold winter
And fare thee well, cold frost
Nothing have I gained,
But my own true love I've lost
I'll sing and I'll be merry
When occasion I do see,
He's a false, deluding young man,
Let him go, farewell he, and ..
Chorus
The other night he brought me
A fine diamond ring, but he
Thought to have deprive me
Of a far better thing!
But I being careful,
Like lovers ought to be,
He's a false, deluding young man
Let him go, farewell he, and ...
Chorus
With a quarter pound of reason,
And a half a pound of sense,
A small spring of time,
And as much of prudence,
You mix them all together,
And you will plainly see
He's a false deluding young man
Let him go, farewell he, and ...
Chorus
The girl is singing about a man who wants to seduce her - he wanted to give her a diamond ring in exchange for her virginity, but she's not so foolish. So she's wearing the willow for a lost love.