FOL
Fond of Leather Online jargon, also known as text message shorthand, used primarily in texting, online chat, instant messaging, email, blogs, and newsgroup postings, these types of abbreviations are also referred to as chat acronyms.
Even though this sounds like an abbreviation you would only see in sex chat rooms, this was submitted by a 15 year-old girl who explained it's "all talk, you know, just for fun."
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NetLingo Classification: Acronyms and Text Message
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