Louganis is basically a synonym for the word gay, which can be used with both positive and negative connotations. The term derives from the family name of Olympic diver and gay advocate Greg Louganis. The beauty of the word is found both in its appropriation of the gay diver's name, but also in its intrinsically gay phonetics (Lou-GAYYYY-nis).
Dude, that white speedo is sooo louganis.
by foolsnfools October 15, 2007
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The homosexual equivalent of an "airtight" for a woman; sucking off a guy while being Lucky Pierre.
Dave always dreamed of doing a Triple Louganis with his three gay college roommates.
by FreeWilly Dave July 3, 2003
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1- Boring Definition: Olympian Diver famed for breaking his head on the diving board and covertly leaking AIDS into the pool.

2- Cool Definition: Sexual act. Performed by engaging in intercourse and bending your partner over a coffee table or other low surface requiring them to use their arms to hold themselves up. At a climatic moment you pull their arms out from under tham causing their face to bounce off of the coffee table, must yell 'Greg Louganis!' See also Tony Danza
1- Greg Louganis was a dick head to give the pool AIDS like that.

2- Megan is so dumb. I'm totally gonna give her the Greg Louganis tonight, man.
by PopFreeMonkey February 28, 2007
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The act of flipping an object multiple times in the air, a la Greg Louganis, the famous Olympic diver.
Did you see that alcoholic's hands shaking when he was playing Flip Cup? Dude Greg Louganised the shit outta that cup!
by eatafart July 6, 2010
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When toilet paper is laid across the top of the toilet water stopping the water from splashing back up and onto your butt after you poop.
I am going to head to the bathroom and drop a Greg Louganis.
by BillyBoozeBag88 April 12, 2018
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