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pennyloafer

Someone who is african american, hispanic, or korean. Basically someone who does not belong in our country. It's a nice word instead of saying nigger, greaser, or buckethead. Most of the time people don't know what you are talking about, it's great :P
1: Damn Pennyloafer.

2: I might be a bitch, but your the pennyloafer.
pennyloafer by Rese` Wilson October 9, 2007

penny loafer 

is a kind of shoe, like an oxford. Other countries may call it mocassin. They are called penny loafers because in the old days the shoes had a slit on top of it where a coin, a penny, a dime could be fitted, specially if wore by girls, in case they needed to make a phone call.
She likes to wear comfortable shoes, so she is always wearing penny loafers

penny loafer wearing ass bitch 

Max : you seen that girl with the dirty shoes?

She was talking ab you .

Jessica : yeah that's serah that penny loafer wearing ass bitch .