look up any word, like slope:
 
1.
A resident of Falmouth of middle to upper class economic status, typically having a pretentious attitude. yuppie
That falmo just spilled his latte on me and didn't even apologize.
by pouchlet December 21, 2010
 
2.
A variation of "lmfao", implying that something is funny.
"What did the snowman say to the other? Smells like carrots!"
"FALMO!"
by i'm more awesome than you July 11, 2009