Definition

1. Noun:
   • The basic unit of money in Canada: "loonie" is the informal, common name for the Canadian one-dollar coin.
   • A one-dollar coin featuring a loon: The coin is named for the image of the common loon, a bird, on one side.

Usage Examples

• Noun:
  • I need a loonie for the vending machine.
  • The price is two loonies and a quarter.
  • She collects foreign coins and has several Canadian loonies.

Advanced Usage

• "The loonie": Used metonymically to refer to the value of the Canadian dollar in foreign exchange markets.
  • The loonie gained strength against the US dollar today.
• "Toonie": The informal name for the Canadian two-dollar coin, a logical extension from "loonie".
  • I paid with a toonie and got a loonie back in change.

Variants and Related Words

• Loon (n): The aquatic bird depicted on the coin.
• Canadian dollar (n): The official name of the currency unit.
• Coin (n): A flat, typically round piece of metal used as money.

Synonyms

• Buck (n, informal): A general informal term for a dollar, used in Canada and the US.
• Dollar coin (n): A formal descriptive term.

Related Phrases

• "Strong/weak loonie": Phrases describing the exchange rate value of the Canadian dollar.
  • A strong loonie makes cross-border shopping cheaper for Canadians.

Noun

1. the basic unit of money in Canada
   • the Canadian dollar has the image of loon on one side of the coin