Loalayc is an internet acronym that stands for laugh out as loud as you can. It can also be used as loalaic, which stands for laugh out as loud as I could or can.
Are you a chatter? Don't like using the expression "lol" because it makes you look like a 13 year old, insecure girl, but you still wanna express to your significant-interwebz sweetheart that you're laughing out loud? Then lollak is just for you! It express the act of laughter, but still in a cool/hip/original/urban way! Only use lollak when you really wanna express laughter! To the extreme! Lollak!
A woeful NBA team based in Los Angeles that was once very successful and known as the "LA Lakers". In recent years, they have become so bad that it is difficult to not laugh out loud at their staggering incompetence and so they are now more properly called the "LOLakers"
Q: "What time do the LOLakers tip tonight?" A: "Who Cares? They are playing the Spurs so they will get drilled by 30"
lolaksi is a pretty fun girl with glasses who loves to gossip and show off her brother. She gets scared of the easiest things and is a crackhead. She also can get mad easily at people she doesn't like. Oh and don't forget she hates chicken:)