to lav - laved - laving
The term is commonly found in the MMORPG game Anarchy Online, and is a synonym to the more conventional word ”dieing” or if you wish ”inability to survive”.
Used by friends of Lavisha who died countless unfortunate times, and thus they created the term, and so Laving was born.
"Redivle: What happened to you?"
"Lavisha: I laved"