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1.
Smart and clever with a twist, yet readable; to lie while speaking the truth; to cheat and be deceitful behind the back of one, advising the deceited while being deceitful.

Lox-y;Lox-i-fied;Lox-i-ca-tion;Lox-ied
Judy and her boyfriend got in an argument; she then told him she will do a Loxy on him.

John didnt believe his girlfriend when she said she will be cheating on him with his brother til he walked in on them. He was Loxified.
by Mystik Minds February 20, 2008
 
2.
Variation of lolzies.
John Doe: The she said his name was bob!

Jane Doe: hahahahaha Loxies
by VivaLaShawn August 07, 2009