1- the perfect conversation ender. commonly used when you dont give a damn what someone has said.

2- also very rarely used when someone actually "laughs out loud".
person 1:so then he says "wel you shouldve thought of that before you bought the ice cream!"
person 2: lol!!
person 1: r u even taking any notice of what i just said?
person 2: yea...i was actually laughing out loud then.
person 1: oh.
person 2: lol
person 1: lol
by lordmagga October 30, 2007
L=Laugh O=Out L=Loud => Laugh out Loud
-Man, you dress like you are a middle-aged King
-LOL
by George Englezos April 26, 2007
used when you are having a conversation with someone and they say something not funny but they think it is and you dont want them to feel bad.
person one: your mom
person two: lol
by Meera && Julie April 03, 2006
A word prescribing the end / final / shutdown of a sentence or conversation; where the writer of the lol is either over the conversation and wants to move on (possibly as they know the other person wont cyber with them or answer their a/s/l query), or the recipient of the lol abruptly finds themselves with nothing to respond to - thus the painful end of conversation.
Person-1: So Syriana was a pretty damn complex movie! I kept up with it though, as involved as it was. What did YOU think of it?

Person-2: lol

Person-1: ...
by [-astroboy-] March 10, 2006
It meant 'Laughing out Loud', but actually is used as a 'jolly' by people (expecially by non-english people)when they dunno what to say.
Warrior of Ic3): Why did you cheat, stupid n00b?
Cheating Guy1): Ehm... cause.... lol
Forgott3n Hero): just....
Cheating Guy2) 'quitting from post-game'
by Soul Guile December 02, 2005
Lol means laugh out loud, commonly used on msn by lazy people with a non existent vocab who hav nothing good to say. Use this word wisley,
bill: hey how r u
nob: im gd thanks, u
bill: yep im gd
nob: lol

WHATS SO DAM FUNNY?? HMMM
by jennyc August 20, 2005
Besides the popular belief, this word does not mean "laugh out loud" or "lots of laughs". This was actually secretly invented by bestiality-loving people as a code for "lick our llamas".
I'll lol if you ltl (lick their llamas).
by Chandra <3 May 22, 2005

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