lbantol Share definition Flag originated from the words LOL and BANTER to describe a particularly funny event which is also full to the brim with bant. Person 1: {funny story full of banter} Person 2: hahahahaha LBANTOL!!!! lbantol by diamondgirl07 December 4, 2010 0 0 Get merch Get the lbantol mug. Buy Now — $32.95 See more merch