1 definition by unoriginalh3h3prod.

Originally taken from the iconic Chicago Cubs 'Win' and 'Loss' flags for almost 80 years, since 1937. Since the Cubs had such a great (2016) season from the start, and most people bet on them winning, cubs fans were making a "meme" out of the L flags to mean "take a loss". However, no other team in the league uses these flags, they just use their phones...

Sources:
Sox fan
Trump supporter: Clinton supporters, take the L. XD

Europe to the USA after the 2016 democratic and republican primaries: "lmaoxd take the l"

USA to the world: "lol we die, u die. take the l boiiis"
by unoriginalh3h3prod. December 4, 2016
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