A "web lingo" mostly used by AOL noobs. This is what they say when they really dont care what you say. See AOL and AIM. See also lmao, rofl, and haha.
Person 1: OMG IT WAS SO HORRIBLE, I WAS BEING CHASED AROUND THE PARKING LOT BY A CAR AND I BARELY ESCAPED AND HE ALMOST RAN ME OVER.
Person 2: lol.
Person 1: OMG AND LIKE ALSO THIS UGLY PERSON WAS LIKE OMG I HATE U I'M NEVER GONNA SAVE YOU.
Person 2: lol.
Person 2: lol.
Person 1: OMG AND LIKE ALSO THIS UGLY PERSON WAS LIKE OMG I HATE U I'M NEVER GONNA SAVE YOU.
Person 2: lol.
by Psudonym1212 June 21, 2009
Get the LOLmug. Lol is often times used as a description showing someone laughing out load but now a days if a bitch say lol she curving your ass so now you gotta load up some drake type shit to regret in the first place why you even hit up that chick
by Yungsir January 26, 2018
Get the Lolmug. 
by SeymoreAzses October 13, 2011
Get the lolmug. 1. Abbreviation for "Laugh out Loud". Substitution for laughter.
2. How girls on the internet let guys know that they do anal
2. How girls on the internet let guys know that they do anal
1. A- why did the chicken cross the road? To get away from your mother's ugly face!
B- What's the difference between your penis and your jokes? Nobody laughs at your jokes.
C- lol
A- F**k you
B- lol
D- lol
2. See slut
B- What's the difference between your penis and your jokes? Nobody laughs at your jokes.
C- lol
A- F**k you
B- lol
D- lol
2. See slut
by Name removed by the NSA December 5, 2013
Get the Lolmug. 
Originally used as "Laugh out Loud" but now it has other uses, specifically to break up a tense mood in a conversation, try to ask an awkward question, or trying not to be rude. It is not a statement of laughter at all, rather it has evolved into an added word that makes difficult conversations more bearable through text, email, and instant messaging.
Person 1: "Hey so I saw you peeking through my window yesterday while I was undressing, lol"
Person 2: "Oh yeah..lol"
Person 1: "That's kinda creepy, lol"
or
Person 1: "Hey I just wanted to ask...were you the one that stole my wallet? It had all of my important credit cards, point cards, and my gym membership, not to mention a lot of cash,and 20 people say they saw you took it...just asking, lol"
Person 2: "Yeah, i took it and charged everything, cashed out your points, and worked out today, oh and I had a race to see how fast I could spend your money, lol"
Person 1:........lol......
Person 2: "Oh yeah..lol"
Person 1: "That's kinda creepy, lol"
or
Person 1: "Hey I just wanted to ask...were you the one that stole my wallet? It had all of my important credit cards, point cards, and my gym membership, not to mention a lot of cash,and 20 people say they saw you took it...just asking, lol"
Person 2: "Yeah, i took it and charged everything, cashed out your points, and worked out today, oh and I had a race to see how fast I could spend your money, lol"
Person 1:........lol......
by Jerm867 February 5, 2010
Get the lolmug.