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What does LOL stand for?

LOL stands for Limit of Liability

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of LOL

Other Resources:
We have 69 other meanings of LOL in our Acronym Attic

Samples in periodicals archive:

We recognize that many midsized private companies have significant exposures and are sophisticated enough to understand that they need more than one limit of liability to respond to the wide array of suits against them," Salter said.