1337 Gamer slang for School see example for useage.commonly used in the phrase OL' Sk00L.
OL' Sk00L, SK00L Bus, Lmao j00 g07 Sk00L3d!, or: SK00L Time, may be altered to fit situation, eg. SK00Lin' Sk00L3d, also see "Firewall is a n00b" for some examples on how not to use or alter "Sk00L"
by Spyder aka Veritas. July 11, 2006

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