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8.
A phrase that may get you fired in a hilarious manner if sent by email to the wrong person or people.
"LOL did you see Cameron's Reply-All fail? He thought he was replying to the spam thread and sent LOLFAG to half the company..."
by Anonski April 17, 2008
 
1.
Actually two words made into one compound word, it is basically saying "lol, fag". Usually meaning "Lol, you're a fag" or "Lol what a fag".
Tom: I can't beat level three :(
John: Lolfag

or

Tom: Some guy slapped my butt in the locker room O_o
John: Lolfag
by Saru November 06, 2007
 
2.
A moron who says or does something so excessively gay or stupid its not funny. Or is.
(Coined from Cyanide and Happiness)
1. "Zomfg... LOL FAG!"
2. (guy) "Oh my God! I love your outfit! Where did you get it?"
(other guy) "LOL FAG!"
3. "Please don't let him kill me! I have a wife and kids!" *kills*
"LOL FAG!"
by ClydeFrog May 17, 2007
 
3.
people who play lol (league of legends) all the time
- sup bro wanna play lol ?

- no lolfag
by dimitri2413 April 14, 2011
 
4.
lolfag stands for "lots of love for all gays". It's a friendly term to show how un-homophobic you are. It's mostly used when someone says something gay to show that you aren't judging them.
Person1: I'm super! Thanks for asking!
Person2: lolfag
by shawabawa October 06, 2010
 
5.
A fag that one may laugh at.
Frankie:I'm going to Chuck E. Cheese
Brian:lolfag
by LittleTeaPot July 19, 2007
 
6.
a polite way to call someone a fag
John: Hey Eddie!
Eddie: Have you been to the restaurant?
John: Yeahh!!! (searches it on wikipedia)
Eddie: Really? Whats your favorite thing to eat?
John: uhh uhh... (nervously rifts through wikipedia) uhh uhh pocky sticks!
Eddie: lolfag
by ninjayellowred July 10, 2008
 
7.
A title assigned to a noob worthy of being laughed at.
Bryon is such a lolfag, he wrecked his car into a pole.
by hivoltage June 12, 2008