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A)A nickname. Usually for a girl. Shortened versions of Lauren, Deloris, Chloe, and many other names.

B)The best girlfriend in the world.

C) An extremely hot chick with a beautiful smile and an adorable laugh.
A) "Hey Chloe."
"Actually I go by Lolo"

B) "Your new gf seems nice."
"My girlfriend is a total Lolo"

C. "Check out that Lolo"
"Oh, I'd hit that."
by ilovechloep April 24, 2009
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25
(interj.) An obnoxious way to express laughter while alluding to YOLO.
Billy: I hold it down like a paper clip, boii
Bob: LOLO
by mastercrunch January 23, 2013
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26
Crazy Rappers cars with the bouncing suspension. See 'Still Dre' Music Video, Dre and Snoop rapping whilst the LoLo's are bouncing like the shit in the background.

"Grab the LoLo brother, we'll drive by an' put a cap in his ass"
by Anton Birdski June 11, 2003
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