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The ammount someone laughs using the onomatopoeia 'lol.' Also , lollage can be measured by the numbre system, one being lol, two being lolol, and so on.
Dude! Look at the lollage on that conversation!
lollage by orange juic3 July 30, 2006
The overuse of using the phrase lol. Can also be used as a form of enjoyment towards lollies.
"I like lollage" - form of enjoying lollies.
"Oh my god, you've got the lollage" - overuse of using the phrase lol
Lollage by King Jimmy December 27, 2005
noun : used when describing, a girl / woman as adorable, cute, witty, clever and a little bit dipsy. Used as a term of endearment.

verb : to lollage, lollaging
n: 'She's such a lollage!'
v: 'She's lollaging again! How adorable.
Lollage by QuirkyThings November 25, 2011

Lollage factor 

This is a scale used to analyze the precise lol (laugh out loud) factor of a joke or amusing moment. There are three levels of lollage, they are in their respective order from lowest to highest: major lollage, ultimate lollage and maximum lollage. The level of lollage is determined either through a group consensus or individual taste.
Dude, that was totally ultimate lollage.

Major lollage moment, when Jon Goslin was in Las Vegas.

The thing on Donald Trumps head has the maximum lollage factor.
Lollage factor by therealfarq November 15, 2009
Basically college. You don't learn anything and get high all the time.
"Didn't you learn anything at college?"
"Pah, it was more like lollege, fool."
Lollege by Sherbet Head February 22, 2009
The act of Laughing Out Load (LOL), expressed as a noun.
"Dude, that shiz was total LOLage."
"LOLage!!"
"Fuck, you'll LOlage and spill your drink if you don't wise up, fool."
LOLage by voiceinsideyou May 29, 2003