An unspecified object or action, that sounds hilarious to both sober and inebriated people. Can be viewed as quite sexual in meaning depending on the situation.
Max: " Hey lizi, BANOONIES"
Lizi: *Lol* "What the hell?"
Max: "I dunno, it just sounds funny."
Lizi: "It sounds like a sexual position"
Both: *LMFAO*
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