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1.
Noun. plural- ties

1.An appropriate or favorable time or occasion to laugh out loud

2.A situation or condition favorable for attainment of a laughing out loud.

3.A good position, chance, or prospect, as for laughing out loud.
Joe: "Did you hear about the comedy show coming up tonight?"
Mike: "I sure did. It should be an awesome lolportunity."
by cBlunted September 28, 2010