The measuring device for the number of "lol" used in a convo. Measured in "lpc", "lol per convo", or can be measured by sentence, which would be "lps", or "lol per sentence".
Kirsten: LOL! LOL! LOL! LOL! LOL!
Amber: WHOA! Like, my Lolometer says that you're using 5 lps.
Kirsten: HAHA! LIKE, LOL!
Amber: You're averaging about 6 lpc.
Amber: Like, that makes 7 lpc!