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A derivative of the ubiquitous "lol", used when you want to convey a VERY LARGE LOL, or alternatively, MANY LOLS.
olivia: not many people are attending, and the fewer people that go, the larger the split tab will be.
tim: LOLOL.....LOL-monster...is there a word like that?
olivia: ...i think the word you seek is LOLASAUR.
by orrives April 24, 2010

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