To drink something all at once without stopping.
Skol can make people think of parties, celebrations, or drinking games.
Examples:
He skols his drink at the party.
Let's skol our sodas together!
She skols her juice and smiles.
I can skol this water faster than you!
At the skol contest, he skolled the whole bottle in one second!
Skolling a whole bottle of soda is hard, but I did it!