Top definition
Laughing out loud while in or around an elevator to diffuse tension. Though screaming the word "Lolevator" this is not recommended due the the vulgar and disgusted expressions you may receive from smug individuals.
Wrong
#1: LOLEVATOR!!!!
#2: Wtf is wrong with you?

or

Right
#1: AHAHA
#2: HAHAH, YOU HAVE GREAT DAY!
#1: AWESOME YOU TOO BUD!
by ShipXwreck December 16, 2010
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