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Lolation 

Can be used like lol in response to something funny or can be used to describe a funny event/series of events.
"You guys remember the time when we masturbated while hangliding!"
"haha, yeah, that day was lolation"
Lolation by Mattaldinho December 9, 2008
Related Words

lolatilda 

Lolatilda - A small swedish creature that lives in small muddy shoes and participates in sack races. Is believed to have a sexual fetish for gravy.
Oh look it's a lolatilda!

Person 1: Oh my god there's something in that sack!
Person 2: Don't panic it's just a lolatilda!
lolatilda by Dr Law February 28, 2011

Lolazilla 

It is somewhat an adjective, using the same basic definition of "Lol" added "Zilla" Which came from the original movie "Godzilla"

Because of "Godzilla" Being a giant mutation, the actual feature of the character being a giant, and adding "Lol" means it is a bigger "Lol" than the original phrase itself. Expressing it even more than normal.
"Did you see that guy fail at that jump!?!? LOLAZILLA!!!!!!"

"Man this guy is a complete retard, he's so fat and thought he would be "Cool" The guy jumped on top of is bunk bed not only breaking the top but also the bottom bunk. LOLAZILLA!!!"

" That was just a complete LOLAZILLA fail!!!"
Lolazilla by Ibbyzilla April 8, 2010

Lolationship 

A relationship in which both parties (even the girl) are very lol
if a guy and girl are both lol people and they get in a relationship then it could be called a lolationship
To laugh a lot for a little while; a portmanteau of LOL and lil.
Her unexpected pun made me lolalil.
lolalil by keystroke March 10, 2009

Lolatile 

Adj. Tending or threatening to laugh out loud.
That girl with the hyena laugh is so lolatile. Even the dumbest Bobcat Goldthwait joke will set her off!
Lolatile by JKurtz87 April 25, 2010