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In simple terms the following "taking the L" is having to be the loser or taking the loss in any situation.
Tonya : "bout to fail finals week & taking the L with me".
by MI$$.MONEY December 28, 2015
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Sep 9 Word of the Day
the thing that you don’t have when you’re phones percentage is over 20
phone: why don’t you go to sleep tommy it’s 2 in the morning?
tommy:why don’t you die you dumbazz
by lik_frls_dis.me February 12, 2020
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3
Famous saying after the Drake and Meek Mill diss.

Formally meant

"Taking the lose" or

"Took the lose"
Hey bro did you see the Mayweather and Paquio fight?

Yeah man! After the 2nd round it was already obvious Paquiao was Taking the L

L takingthel
by Savage Elephant January 30, 2016
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