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LC originates from a suburb in Western Australia, Beechboro in which it is composed of two (2) words being

L = Lost
C = Cunt

when these two words are put together you form the powerfull word of LC. . .
examples when to use this word

when a person is in total confussion about himself and life in general you would state . . "what an LC"

when some one does something that is of the possesed type for example mumble words that make no sense

you would in a kind gesture mention "LC"

when a person is in a trance you would use a higher pitch of voice and directly say "LC" to the face of that person/animal/object

when some one make a small error that cant be justified you must at all times say "LC" because this is the seal of authenticity that this person clearly does not know what they are doing

PRIME EXAMPLE
"your missing crab sticks"

"no i put them in. . . oh no i didnt i didnt see that order"
this is the perfect and prime opportunity for a group to directly mention "LC"
LC by SNAPPERS CREW October 24, 2011
Related Words
LC LCS lcb LCD LCMS LCC lcr LCE LCG LCL
I'm totally straight, but I have a LC on Rihanna.
LC by Princess Pink June 20, 2015
A man who is most likely sleeping with one or more of his inferior co-workers or interns. May also have a fetish for cheer-leading.
"Did you here in the news about that math teacher who knocked up his student teacher, that's straight messed!"

"Wow, what an LC!"
Acronym for "Liquid Chromatography" a separation technique based on physico-chemical interactions between a solid material, a liquid and the analyte.
LC by Dr. PAS November 2, 2004
a really funny chinese man who imigrated ova hurrr in 2001 nigga! he is so black, no nigga shuld mess with this chigga! lol!!!
"lc is a tight motha fuckin nigga"
lc by Jimmy!! January 10, 2005