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Stands for "Take the loss". Frequently used to describe flunking a test, being dumped, being stood up, being beaten up or robbed, or losing one's money in the stock market, gambling, or through exploitative business schemes.
I really took the L on that history exam.
by cazort August 25, 2003
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3
"L" stands for Loss. Originally used to describe one's disposition of engaging in an activity that he/she does not particularly like.

A typical comment made by 12 year olds while arguing on mainstream Youtube music videos.

Oftentimes spammed or used at irrelevant situations.
-I totally flunked my math exam yesterday...
-Just take the L bro.
by Misanjin July 23, 2016
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4
'Take the L' means 'take the loss.'

This became really popular for some reason, and is often used when someone gets roasted or when they loose/fail (at) something.
Lol, Ricegum came out with a new diss track about Jacob Sagitarus! He's gonna take the L again!😂😂
by Lia and lidi July 05, 2016
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when you mess up or lose so you take an L.
i accused sarah of cheating and she wasn't. i'll take the L for that one.
by hahahehe:) December 29, 2017
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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
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"
by unoriginalh3h3prod. December 04, 2016
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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.
Take the L, Ninja
via giphy
by Ark Bahamut October 19, 2018
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