The word LOL could also be wirtten like; Lol or lol. The word LOL stands for Laugh out loud!
Person#1: OH MY GOD SOMEONE IS LITERALLY SAYING THAT FIONA STOLE HER LIPSTICK!!!
Person#: lol.
E.g: Mom: Hey guys, today, I met a new man who works in our office, his name is Chis P. Bacon, I wonder if he's delicious.
Me: LOL, good joke mom.
even though lol can be used as an abbreviation for ‘laugh out loud’ or ‘lots of love’, lol can also be used as an actual word. the word lol can be used in a very sarcastic way, and can also be used when someone says something which supposed to be funny but wasn’t funny.
tom: what’s 1+1?
jerry: 2
tom: no, it’s 11
jerry: lol.