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Someone who is very smart, talented and has an IQ of 110 or greater, although is not your typical nerd, in a sense that they dont wear jackup trousers, tucked in shirts, have braces and they use informal language often!!!

The word is from the two words NErd and coOl

Also their motto is:

"If at first you don't succeed...
destroy all the evidence you tried"
A neol is always prepared with a DICK.... tionary
Neol by Neol#7 June 29, 2009
A neol is always prepared with a dic...tionary
neol by neol #7 June 5, 2009

neol johahae 

The best line in kpop.
Meaning: “I like you
God Jinwoo says: “Neol johahae”

Neologically 

An adverb meaning of, from or related to newly created words. It stems from Neology which in turn comes from the French ‘neologisme’ meaning a newly created word.
Neologically by AKACroatalin April 21, 2015
It is a noun with at last four meanings:
1 The study or art of creating new words.
2 The act of introducing a new word into a language.
3 The use of an existing word in a new way.
4 The holding of novel or rational religious views. (Although this definition is now largely obsolete.)
1 Neology is a hobby of mine.
2 I’ve just had a new word accepted by the Oxford English Dictionary. Neology!
3 Urban Dictionary is a catalyst for neology
4 Believing that we are all just the dream of a sleeping cat is not necessarily a neology.
Neology by AKACroatalin April 20, 2015

neologism 

Itself an invented word used exclusively pejoratively to dismiss newly coined words. Usually used to express distaste for words inconvenient to one's ideology.
Pederasts, a more perverse subtype of faggots, declare moralphobia a neologism.
neologism by Tokenizing Words January 8, 2008