lol, n.Definitions

Lol is a word that, in lower-case, looks like a drowning person.

Lol is more of a punctuation mark nowadays.

Lol is quickly becoming more of a word than an acronym.

Lol is a phrase that has gone from meaning "laugh out loud" to "I don't have anything else to say."

Lol is representative less of laughing out loud and more of LQI (laughing quietly inside).

Lol is basically a laugh track when it's written by the person who thinks they're saying something funny.

Lol is merely a text confirmation that the thing you just said was indeed funny and no longer indicates that you have actually laughed out loud.

Lol is super versatile. It changed in meaning from "laughing out loud" to "this is confirmation for your statement", light flirting, a sign of disinterest, or even a sign that a conversation isn't meant to be taken seriously.