Definition, Meaning & Synonyms

loonie

noun
ˈluːni
Definition
A colloquial term for the Canadian one-dollar coin, which features a common loon on one side.
Examples
  • The price of the book is only two loonies.
  • He paid for the coffee with a loonie and some change.
  • With the exchange rate, one American dollar is worth about 1.25 loonies.
Meaning
In Canada, ‘loonie’ is the informal name for the one-dollar coin, which got its name from the image of the common loon bird on the coin’s reverse side.
Synonyms
  • one-dollar coin
  • Canadian dollar
  • C$