noun: A "school" associated with NYU that pulls down the overall reputation and quality down with its "students" better suited for community college or anywhere not near NYU. LSP is overall a "fail" school used to take money from parents in denial about their children.
noun: Doing something incredibly stupid or being far below than the average person intellectually.
Justin: Dude, I just fucked Jill (she is gross - fat, short, ugly, and smells like a dumpster).
Chris: Dude, you are so LSP...
Justin: I know....
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