lollerskates interj. used to express laughter or hilarity, although often used ironically or satirically in emulation of people who overuse acronyms, chatspeak, emoticons, or elite-speak. Editorial Note: This term is usually used only online. The spelling is an indicator of how LOL is often pronounced when spoken aloud. Lollerskates tends to be used with roflcopter. A well-known Flash game, perhaps based upon an earlier ASCII animation, helped spread both terms. Etymological Note: From LOL ‘laughing out loud’ + rollerksates. (source: Double-Tongued Dictionary)
Further reading
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