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It is short for cool. Lazy people use it, or those who have a fear of words with four letters in them...
Person 1: owz u?
Person 2: Fine thanks, you?
Person 1: yeh im kwl
kwl by Dwergi December 3, 2005
Related Words
That sounds kwl!
Kwl by Gamergirl135 January 18, 2015

cool kwl 

Term used to acknowledge ones interest and also confirm they agree.
Equivalent to "hmm interesting, yes"
G1: yo we're heading to a dank party at 7, you down?
G2: cool kwl
cool kwl by Piccadilly king March 25, 2017
to be cool, good or great etc. To be used as a word of delight. Mostly used on msn messenger, but can also be used in daily conversation. Founder : Nikki B
eg. Bob: I got new shoes today
Fred: Kwlies!

Bob again: How was the concert?
Fred again: Kwlies thanks.
"I jst found a R100 note on da ground!" Insaaf exclaimed
"Kwlness nw we can go buy that giant jawbreaker in the store!" Shaygah said

kwlbeans 

Kwlbeans:

Means Awesome, great, outstanding, <3 material.
"you iz kwlbeans"
"othx"

"i got a new hat"
"o kwlbeans"
kwlbeans by Erinface October 7, 2007