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A Canadian dollar coin, so named, because it has the image of a wild loon on its face, and Queen Elizabeth on the other, it's hard to tell which is which.
Shoot me a loonie for a pop, I'm thirsty.
loonie by Canadian prick December 22, 2003

loonied out 

A combination of being skrelled, scrinnied, sonnyed, and finked.
Yo this nigga is loonied out.
loonied out by Luther1 September 8, 2021

pant-a-loonie 

After a long cold winter, the first day it's a little warm, like 10 degrees above freezing, this is the jackass who's walking around in shorts.
"Spring is finally here: the snow is melting, I saw a robin in the backyard."

"Yup, and I saw a pant-a-loonie rollerblading on the boardwalk."

Liberal Loonies 

An excuse conservatives use because they think that their way is the only way and seem not to realize that in fact, Conservative Loonies exist in droves as well.

This term is one of the many terms that is used in the Conservative Hate Culture.
Those Liberal Loonies! Supporting free choice and promoting equality and peace is ludicrous!
Liberal Loonies by Bob_the_Patriot September 30, 2007
The word "loony" comes from the retarded superstition that staring at the moon will make you batshit crazy. It can mean one of 2 things:
1)Someone who disagrees with you, and who you do not wish to speak to or listen to. This term can be used by nancy boys and douchebags such as fundies, generally to refer to lib'rals.
2)Someone who is demonstrably delusional or psychotic. Often these people will disguise their psychosis as a political ideology, generally blaming various groups of scapegoats for all their problems based on negligible or nonexistent evidence.
Famous current loonies include: Ann Coulter, John Ashcroft, Rush Limbaugh, Jerry Falwell, Pat Robertson, Osama bin Laden, and all other fundies, Nazis, and people involved with (or seriously believing the rhetoric of) the Church of Voodoo Pharmacology.

The most common relatively sane person to be an alleged loony is Michael Moore, who contrary to Republican beliefs is not actually insane, but simply obese and incoherent.
loonies by jazzriff October 15, 2005

Teh looonje 

Teh looonje is the name for the lounge on the second floor of Sol Heumann Hall at RIT. The name was coined as a joke by a computer engineering mentoring group during the 2008-2009 school year. The term has since been adapted to mean any lounge or lounge like place.
Dude, we have a meeting in Teh looonje in five minuets!
Teh looonje by 101010base2 January 14, 2009