loon·ie

(lo͞o′nē)

n. Informal

1. A Canadian coin worth one dollar.

2. The Canadian dollar.

[From the image of a loon on one side of the coin.]

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

loonie

(ˈluːnɪ)

(Currencies) slang

a. a Canadian dollar coin with a loon bird on one of its faces

b. the Canadian currency

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

loon•ie

or loon•y

(ˈlu ni)
n.

Canadian Informal. a dollar coin.

[from the image of a loon on the reverse]

ThesaurusAntonymsRelated WordsSynonymsLegend:

Noun

loonie - the basic unit of money in Canada; "the Canadian dollar has the image of loon on one side of the coin"

Canadian dollar

dollar - the basic monetary unit in many countries; equal to 100 cents

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References in periodicals archive

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The short term reaction to the diplomatic spat between Saudi Arabia and Canada is to short the loonie at 1.30 for a 1.33 target.

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She's made Plaid a laughing stock with her brand of loonie left student politics and extreme feminism.

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The decision to lower prices has been easier to swallow in recent months as the value of the "loonie," as the Canadian currency is known, has stabilized relative to the U.S.

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Traveling north to Canada, you can find the "loonie" one-dollar coin.

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Terry Dawydiak and Jodie Wilson of Vancouver, B.C., come to Whatcom County to shop a couple times a month, and the weak loonie wont keep them away, they said.

Loonie plummets after months of slow decline: Whatcom County shopping is still a bargain for some Canadians

5 September 2014 - Unexpected growth in consumer spending and residential construction have seen the Canadian economy outperform in 2014 but continued low interest rates and a cheaper loonie are necessary to sustain growth going forward finds a new report from Toronto-based financial services firm Canadian Imperial Bank of Commerce (NYSE CM) CIBC World Markets.

CIBC sees Canadian economic growth tied to weak US dollar, low interest

A key if unstated corollary is that the value of the loonie is to be allowed to float freely--the exchange rate is ignored in calibrating monetary policy.

A modest proposal for monetary policy: the Bank of Canada needs to pay more attention to exchange rates

The negative impact of a weaker loonie will likely outweigh any benefits, says Philip Cross, former chief economic analyst for Statistics Canada, in his analysis published by the Fraser Institute.

Weaker loonie hurts more than it helps