Top Definition
Created by accident on facebook chat, by yours truly whilst typing cool too quickly and laughing at the same time, to create a mega-word combining the two together!
Guy 1: "Yeah i did go to one or two parties and had gig and i was singing Lol!"

Guy 2: "Really!? Colol - I didn't mean to do that."

Gay 1: "Colol, I'd use it"

- and now it is on teh internet to all to see -
by DaughterSauce August 05, 2011

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