ice milk; low-fat ice cream
A Japanese food category for a frozen dessert similar to ice cream but with lower milk fat content (at least 3% milk fat and 10% milk solids). Often used in labeling and menus.
wasei-eigo (Japanese-coined English)
This ice milk is light and delicious.
I bought an ice milk bar at the supermarket.
iced milk; cold milk
Literally milk served cold or with ice. This sense is rare and may be encountered in older or translated contexts; modern Japanese usually says 冷たい牛乳 or アイスミルクティー for iced milk tea.
On an old menu, it said 'アイスミルク' and they served cold milk.