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1) An often derogatory term for a south-Asian person to describe them as a person who although is "brown" acts more like a white person, such as preferring western TV-shows and befriending white people.

2) a tropical fruit which grows on palm trees. Has a green outer husk when young with a hard brown shell inside. White edible flesh lines the inside of the shell and contains a slightly sweet liquid known as coconut water.
South-asian: You hang out with white people. God you're such a coconut.
Coconut: I know and I embrace my coconut-ness, thank you very much.
coconut by A coconut May 25, 2010
An Indian person who acts like a white person. Brown on the outside, White on the inside.
Look at him, what a coconut.
Coconut by D-azz January 15, 2015
Riki is definately a coconut.
coconut by crispyb October 4, 2005
a person who has a big head and thinks highly of themselves
Jack is a coconut. Even thought he is no better than the rest of us.
Coconut by chaselc June 18, 2011
A black man who acts white. Example: Like the fruit a coconut is brown on the outside, yet white on the inside.
Man, that nigga right there is a coconut, his ass might as well be white.
Coconut by Chris Fago December 28, 2003
1. n. Used in accordance with someone who is Indian, Goan, Maylay, Sri Lankan, etc, when they are born in Canada or USA and they are assimilated to the latters culture.

2. n. Someone Indian Goan, Maylay, Srilankan, etc, that is crazy. They are coco (brown) and a nut (crazy). They are brown, and crazy. For whatever reason.
1. Jephtinder didn't believe it until she went to the Green Day rock concert. She had never seen so many Coconut(s) in one place in her life.

2. Today we saw this baby blue volvo at a car show with mercedes headlights this audi a4 bumper. It was weird. The guy driving it was a coconut.
Coconut by CoconutColin June 28, 2005