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1.
This can mean two things; a name given to someone when you are calling them or it can be used to replace a verb that only you and the person you are talking to will understand.
"Hey what up koanch"
Or
While talking to your friend you don't want people to know what you are going to do so you say "Are you still down to go koanching later?"
by XxOpticQuickscopeSwagYOLOxX March 05, 2013