Plain English Meaning
A ground station near the start of an ILS approach that does two jobs: it acts as a homing beacon to help guide you onto the final approach line, and it tells you when you have flown directly over it.
Full Definition
A Locator Outer Marker (LOM) is a navigation facility that combines a low-power non-directional beacon (NDB) with an outer marker beacon, located at the outer marker position of an Instrument Landing System (ILS) approach, typically 4 to 7 miles from the . The NDB portion provides guidance to help the intercept the ILS , while the outer marker portion transmits a signal straight up that triggers a indication when the aircraft passes overhead.