The ultimate way to get rid of a thot that isn't your waifu. Only the people who have transcended can use this words.
Clara: *acts like a thot towards Rob*
Rob: *opens the door* There u go dumbass hoe.
Clara: *implodes*
when your friend sucks too much cock. Basically, he's a fucking loser and a faggot
FRIEND: Hi!
ME: Lolete u such a fag
You use this word when you see a friend is being gay as fuck.
Yo, look at that guy's arm... is so big
You: Lolete