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A person who is considered to be in the lower half of the social ladder and in the teenage demographic population. They are often popular at school and good at sports and good-looking but when it comes to GCSEs they do not perform highly. Favourite activities of a loolsers are defined as going on MSN and facebook and seeing their statuses. Loolsers tend to have low IQs hence they do not study hard enough. Also loosers will frequently have low standards and be pleased with achieving "sick grades and going to college". Loolsish A levels consist of :psychology (because you want to be deep) P.e. (cos its sick) and philosohpy (because you think you are clever)
Loolsers often spend more time enjoying themselves than studying which is frowned upon by the quintessentially english emo children and snotty asians.
Favourite comments of a loolser are:
"sick one blud"
"come jam with me"
"im so urban"
"Wagwan"
Loolser by Fannypacking October 17, 2009
Looly - lew-lee -

Noun:
-The replacement of any noun to make a situation more crazy.

Verb(loolying):
The act of singing the situation around you to the tune of "A Whole New World" from Aladin.
Would you looly her?
Im going to looly everything I wnat!
Who's the looler of the family?
Looly by LotsOfLooly February 14, 2010

lollyswag 

to actually have more fun than expected; rather than thinking you're gonna have a shitty ass night.
damn i thought this party was wack but we all actually had lollyswag tonight
lollyswag by Basedgod Shaun December 24, 2012
Damn, that Looly is HOT!!! I would love to twerk with shit!
Looly by Michelle April 19, 2004

Lollyswap 

Getting an essay (or a piece of an essay) written for one class and using it for another.
I Lollyswapped my english essay from last year for this class. Got a B!
Lollyswap by ENJooZ October 5, 2011
Laughing out Loud.
Looly sausage.
looly by Ben August 22, 2003