Most people read this as a typo for 'LOLZ', however it is not. LOZL means to giggle or snigger, less so than the more commonly used 'LOL' but a laugh nonetheless.
"So I used her own walking stick to beat her to death"
"lozl, when was this?"
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A film, otherwise known as the 'Matrix' but when referred to whilst the user has had one too many. Often followed by the sticking up of two fingers which in turn is swiftly followed by the sticking up of one central finger.
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