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(Internet
slang) Variant of LOL with the Z serving only to make the
acronym look like a plural noun, or, more commonly, sarcastically
used; serving as a mockery of those who use the "z" to pluralize
other nouns, as opposed to the "s." The mockery of such people is
often not done in any kind of specific context, but usually as a
way to lighten up a conversation.