The Collaborative International Dictionary of English v.0.48:

Lubricity \Lu*bric"i*ty\, n. [L. lubricitas: cf. F.
   lubricit['e].]
   [1913 Webster]
   1. Smoothness; freedom from friction; also, property which
      diminishes friction; as, the lubricity of oil. --Ray.
      [1913 Webster]

   2. Slipperiness; instability; as, the lubricity of fortune.
      --L'Estrange.
      [1913 Webster]

   3. Lasciviousness; propensity to lewdness; lewdness; lechery;
      incontinency. --Sir T. Herbert.
      [1913 Webster]

            As if wantonness and lubricity were essential to
            that poem.                            --Dryden.
      [1913 Webster]

WordNet (r) 3.0 (2006):

lubricity
    n 1: feeling morbid sexual desire or a propensity to lewdness
         [syn: prurience, pruriency, lasciviousness,
         carnality, lubricity]