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lol but with an i and an extra o. it's ten times fresher that lol (lol is just boring). You might often use this word accidently, as o is next to i on a keyboard, the word was made up accidently.it was first liol, but now the extra extra o has come in handy.
person 1: "michael you're a chicken"

person 2:"liool, good one!"
by liool May 14, 2011