lace card
= L =
lamer
lag n.
[MUD, IRC; very common] When used without
qualification this is synomous with netlag. Curiously, people
will often complain "I'm really lagged" when in fact it is their
server or network connection that is lagging.
--The Jargon File version 4.3.1, ed. ESR, autonoded by rescdsk.