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Derived from "lozl", the word lozltov is a play on words on the hebrew word Mazel Tov--which means "good fortune". Though lozltov has no relevance to Mazel Tov (aside from the fact that they rhyme), it is gibberish spoken by teenagers.
Person A: Omg, that was sooo funny!
Person B: I know! Totally lozltov!
by lozltov August 04, 2007
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