According to Oxford dictionary LOL or “Laughing Out Loud” is used chiefly in electronic communication to draw attention to a joke or amusing statement, or to express amusement. The dictionary thus gives some use of the acronym as sentences like: “I love how you said ‘coffee is not my cup of tea’. LOL”; “I think the translator confused spirit with alcohol LOL! “
Sri Krishna, a student at Birla Institute of Technology Science (BITS) says that he his classmates use this lingo when they talk about their actions and experiences in a jovial way or after mouthing a derogatory remark to laugh on our friends and end it with LOL.
No one takes an offence, as LOL is used as a brief acronym to denote great amusement in a chat. Certain question-answer type jokes are also called LOL jokes these days. For example: Question: How do turtles communicate? Answer: By using shell-phones! LOL!
One may like it or not, Internet slang, being invented by the present day youth a new dialect of English is evolving and in the last few years quite a new words have gained currency. Some language experts appreciate this new variety of language and its expressiveness in the computer mediated communication.
Thus, LOL is Internet slang word used in text messaging in unofficial e-mails, cell-phones, social media and Internet.