lol

Usually means "laugh out loud", but most of the time when people say it, they're not actually loling. Along time ago when the computer was.. like.. just invented it might of meant "Lamer On Line" (which meant a lamer was online, lol.) and also sometimes "lots of love". It can also indicate that someone thinks whatever they just said is funny, or something. Or it can be said when the person doesn't know what else to say, or a response to a stupid joke, etc.

Person: ..then the kid tripped and when he got back up his nose was bleeding, >>lol.<<
...
Person: thats funny, lol.
...
Person 1: he said he got AID's :(
Person 2: LOL.
...
etc.

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