A word one would use as an excuse to complement or comment on the front logo of a t-shirt of a female if he (or she) is caught looking or staring at her boobs.
Also people could say that to accuse others for blaming them for looking at their boobs when they were looking at the boobs or were not looking at the boobs.
Other words may be El Aye Em, Lammin', or Fuckin' Lamz.
Huh? Ohh I was just looking at your cool ass shirt. Why?
Ohh ok. Just had a LAM.
Someone who has LAMS likes to be the centre of attention and if the room goes quiet they draw attention to themselves by being silly... or leaves a room returning wearing a wig, costume or doing something to draw people to look at them.
Yooo, his gf is totally a L.A.M.
1. Acronym letting people know you are having a good time.
2. A self-depreicating, self-counscious realization that you wrote something stupid, but are too lazy to delete it and type again, therefore only add LAMS
I just picked up the preparation H instead of the clearasil. LAMS
I've been on facebook so long, my dinner burnt to a crisp. LAMS
Sorry I didn't text you, I dropped my phone in the toilet. LAMS
Damn, more nose hair! LAMS