What is Guacaloly?
1.
A deritive of "lol" or "lawl." It stands for laughing. Can be used in same context as rolfcopter.
It is a word that college students can come up with after sleep derprivation, once such a word is discovered, maniacal laughter follows.
Holy guacaloly Batman!
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slang term for a place to purchase alcoholic beverages
You need me I be at the licka stow..