Top definition
An inoffensive slang referring to the Filipino people. It is a very good alternative to the other racial slur for Filipinos, the word flip. The word Lloyd Telephone is derived from the Filip habit of naming their kid's Lloyd and calling appliances and items by its full name.

eg. TV is always television, phone is always telephone
Oh look at that Lloyd Telephone janitor cleaning up the school.
by Mista Mo27 September 27, 2005
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