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A play on the internet acronym "LOL", "ROFL" or any similiar internet slang term. Usually it involves replacing part of a normal word with a "LOL".
"lollercaust!" "Heh, nice Lollism."

"roflpotamus is a good lollism."
by SkullThuggery November 14, 2006
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Apr 21 Word of the Day
I've been jabbed
by Francesco II March 20, 2021
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