No, LGPL just allows linking to differently-licensed software.

Basically linking copies some code from the library into the program that uses it, making any linked software a derivative work.

Sellers of proprietary software libraries give permission for this specific type of linking in their license. LGPL gives the same permission to people who are otherwise following the GPL. LGPL used to be called the "library-GPL" because it is the GPL plus permission to use the library linking mechanism.