Definitions by Saru

lolfag 

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

lolfag by Saru November 29, 2007