Next to the well known laughs out loud, it's an actual word.
In dutch that is.
Lol means 'plezier' which, translated back to english, means pleasure, joy, delight, happy.
And even though this probably doesn't have any use to you, you now know it's an actual word. Even though it might not be in your language.
person1: Lol!
person2: Why do you use lame words that don't even exist?
person1: Its a wrd, just not in ur language, n00b!1!
person2: Well, atleast n00b isn't a word!
person1: STFU bastard
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