A mix between a legend and a leprechaun, used to describe irishmen (or women) who are generally just great folk, i.e "legends."

depending on your attitudes to drugs, womanising and if you can forgive him for the movie Alexander, colin farrel could be considered a ledgechaun.
Thommo: "McCulloch's a Ledgechaun!"
Andy: "yeah man, so glad he didn't stay in ireland, we'd have missed out."
by Ferg91 December 25, 2011
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