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1.
The group act of making money or saving money with as little individual effort as possible.

Using the combined resources of a large group to make or save money online with relative ease. Similar to loafing
Mark said: "If I'm paying for this party then I'm going to loafit, because I'm not spending a fortune on the fools you invite!"
by DogCityLite July 19, 2009

Words related to loafit

loafing idol loaf loafer lounge