Definitions by Callum Dougan + The Edge

Lolteracy 

The condition or quality of being proficient in the art of chat acronyms.

John: 'hey m8 ow r u 2day roflmao'

Jack: 'Whoa, dude, that is some serious lolteracy!'

Lolteracy by Callum Dougan + The Edge July 16, 2008