The Collaborative International Dictionary of English v.0.48:

eye-lotion \eye-lotion\ n.
   a solution used as a cleanser for the eyes.

   Syn: eyewash, collyrium.
        [WordNet 1.5]

WordNet (r) 3.0 (2006):

eye-lotion
    n 1: lotion consisting of a solution used as a cleanser for the
         eyes [syn: eye-lotion, eyewash, collyrium]