Originally taken from the iconic Chicago Cubs 'Win' and 'Loss' flags for almost 80 years, since 1937. Since the Cubs had such a great (2016) season from the start, and most people bet on them winning, cubs fans were making a "meme" out of the L flags to mean "take a loss". However, no other team in the league uses these flags, they just use their phones...
Sources:
Sox fan
Sources:
Sox fan
Trump supporter: Clinton supporters, take the L. XD
Europe to the USA after the 2016 democratic and republican primaries: "lmaoxd take the l"
USA to the world: "lol we die, u die. take the l boiiis"
Europe to the USA after the 2016 democratic and republican primaries: "lmaoxd take the l"
USA to the world: "lol we die, u die. take the l boiiis"
by unoriginalh3h3prod. December 4, 2016

you say this to another person only if you're a retarded loser who likes to take butt stuff deep up your ass and you want to publicly announce that you like to molest kids
by skychasma September 16, 2016

Taking the L does not, as some people think, mean to suffer a humiliating defeat.
What it actually means is to accept a loss gracefully. To understand that losses will be inevitable in life, learn what you can from the experience, and shake hands with your opponent. To resign with self respect instead of delaying the inevitable and embarrassing yourself.
Some people simply cannot do this and will begin to act extremely immature when it's clear they're losing.
What it actually means is to accept a loss gracefully. To understand that losses will be inevitable in life, learn what you can from the experience, and shake hands with your opponent. To resign with self respect instead of delaying the inevitable and embarrassing yourself.
Some people simply cannot do this and will begin to act extremely immature when it's clear they're losing.
I could tell that Steve was going to hook up with Julia instead of me, so I had to take the L. It's not a big deal and I have other options.
by winty000 August 30, 2022

When you don't know how to properly take an L so you have to say that you lost and the person who wrecked you lost as well so you can feel better about yourself and the stupid things you said .
by Big tuna 6969 June 9, 2018

It is a magical beam that shoots out lasers that looks like the letter L. If you get hit by it you will play Fortnite the rest of your life.
by Ark Bahamut October 19, 2018

A Stupid Dance From Fortnite That's Was Only In Season 3 & People Rage Over Getting Killed And Danced On
by LULMAN99 January 15, 2020

i simply means take a loss You can find this meme all over the internet. It also makes a great insult without being vulgar or particularly harsh.
by msgoth July 31, 2018
