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3 definitions by fishbm

 
1.
This term is used when describing the act of laughing out loud at someone who has just "failed", or done something or said something wrong that merits laughter. The word is a combination of the word "fail" and the internet term "lol" that stands for "laughing out loud". The word is pronounced fail-oh-el. However, this word is not to be used in spoken conversation, it is only appropriate when typed out in some kind of internet message.
*Jimmy stumbles over his words*
You say: FAILOL!
*Jimmy says something stupid yet wity*
You say: FAILOL!
by fishbm May 15, 2008
 
2.
This word is a combination of the words "fail" and "fault". It is used when someone has done something terribly wrong and it is completely their fault.
*Jimmy leaves the freezer door open and all the food goes bad*
You say: "It's all your failt, Jimmy!"

*Jimmy tries to blame the problem on you"
You say: "It's not my failt!"
by fishbm May 15, 2008
 
3.
This term is used when describing the act of laughing out loud at someone who has just "failed", or done something or said something wrong that merits laughter. The word is a combination of the word "fail" and the internet term "lol" that stands for "laughing out loud". The word is pronounced fail-oh-el. However, this word is not to be used in spoken conversation, it is only appropriate when typed out in some kind of internet message.
*Jimmy stumbles over his words*
You say: FAILOL!
*Jimmy says something stupid yet wity*
You say: FAILOL!
by fishbm May 16, 2008