Short for "Nothing of value was lost". commonly used in edgy LW circles to mock people crying over people getting banned from social media. also sometimes used as a verb
(slang) person 1: "Did you hear that Pappu got banned on reddit? how fastist of them!" person 2: "NOVWL" (verb) Person 1: "Hey I think we should NOVWL pappu" Person 2: "nah I NOVWLed him already."
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