Used to describe an event, action, or feeling of something truely "nerdy"; be it understanding a Star Wars reference, purchasing a new X-men/Fantastic Four crossover comic book, dressing as a Hobbit for a movie marathon, or giggling when you hear the original Pacman intro music played out loud. Usually the term describes these occasions occuring in a public locale or forum.
The term is often subjected to modification, such as the addendum of 'd, changing it's meaning to the paste-tense "nerded out loud". It has also been posed as a question ("NOL?"), inquiring as to wether the recipient "nerded out" over the subject matter.
Tradionally only used in text-based communications on the internet or other digital media, it's become commonplace for it to be used ironically in everyday verbal communications.
Tim: "I told someone at work today 'this is not the movie you were looking for'"
Tom: "NOL!"
Erica: "I totally NOL'd while watching the new Doctor Who episode!"
NOL is an acronym for Nope'd Out Loud. It is derived from the phrase LOL (laughed out loud) and used in the same fashion for stating when a given situation has been declined (origin as of this post is reddit
