Answer:
LOL, meaning "laughing out loud", is an example of an acronym.
Explanation:
An acronym is a word, made up of the initial letter of other words, pronounced as a single word.
We can see that LOL is an accronym formed by the initial letter of the words laughing out loud
A similar acronym is ROFL, rolling on the floor laughing, although in this case, the initial letter "t", of the word "the", is dropped.
Internet acronyms are very popular on the web, and new acronyms emerge almost on a daily basis.
