After getting tired of everyone typing lol i decided to use olo and realized it was a pictorial of a pair of balls and a rather short cock....kind of like my own.
dwray_sx: olo
hyperstyle7: look at that cock and balls man
by D Wray January 13, 2004
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My olo is bigger than your olo.
by Anthony January 13, 2004
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only laughed once
1: your momma is so small, when she farts, it burns a hole in her neck.
2: olo
1: come on man, that was a good quality joke.
by KT BITCH February 21, 2009
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an informal form of address for a man or woman. Substitutes words such as "dude", "man", "friend", "pal", etc.
Originated from a Turkish convenience store employee who would sell beer and cigarettes to underage kids and greet them with "wassup olo"
Wassup olo!

What's the deal olo.

Olo, let's pick up a busch light 30.

Smoke a bowlo, olo.
by Olof Carmody January 23, 2008
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Alot like "lol"... but cooler. Its for when something is funny but you just arent "laughing out loud". Because lets face it "lol" is overused and getting a bit old.
stupid person: ZOMG.. thats hilarious, LOL
me: STFU OLO is the new LOL.... OLO
by Eoin McAughey April 18, 2006
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longest of ancient hawaiian wood surfboards, usually koa wood, ridden by alii.
Bra, dat olo board is one heavy sucka
by dan kraft August 9, 2003
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"One last one" used to define that last drink (or whatever) your friends talk you into at the end of a party when you know you shouldn't. Usually used repeatedly during the same occasion. Chronic offenders granted membership in "the OLO Club".
"I guess I could stay for an olo"
by audreyfarber December 11, 2006
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