What does LOL stand for is that it’s an internet acronym. LOL stands for ‘Laugh Out Loud’. It’s an internet slang that is used in almost every funny conversation. People mainly use it to express something amusing. This slang implies a situation where the person is just laughing ‘too loud’. It can be used as an interjection or a verb. LOL has successfully replaced the ‘smiley’ emoticons There are many other LOL related slangs as well like LMAO, ROFL etc.