loon·​ie | \ ˈlü-nē How to pronounce loonie (audio) \

Definition of loonie

: a coin worth one Canadian dollar

Examples of loonie in a Sentence

Recent Examples on the Web If the energy markets are doing okay, so too is the loonie. Bernhard Warner, Fortune, "Global stocks climb ahead of today’s historic U.S. jobless claims report," 16 Apr. 2020 Photographer: Hong Yoon-Gi/AFP via Getty Images Investor anxiety that’s swept the globe over the coronavirus extended to Canadian stocks and the loonie after a second person in Toronto tested positive for the illness. Shelly Hagan, Bloomberg.com, "Virus Fallout Hits Canada Stocks After Second Confirmed Case," 29 Apr. 2020 His suggestion that journalists have an ax to grind and are obsessed with identity politics, money in politics and the desirability of Scandinavian-style socialism sounds a lot like the complaints of conservatives who are deemed right-wing loonies. WSJ, "Many Democratic Media Myths Remain True," 18 Mar. 2020 And the Canadian loonie sliding in value against the American dollar has local players making bets on even more American film and TV production headed to Vancouver once the coronavirus pandemic ends. Etan Vlessing, The Hollywood Reporter, "Coronavirus: How Travel Restrictions Could Boost Hollywood Production in Canada," 13 Mar. 2020 But kudos to Atkins for working around the loonies and standing up to the mighty governor. Los Angeles Times, "In defying Newsom, she tried to protect California from Trump — and showed how legislating should work," 16 Sep. 2019 But the cost to protect against loonie losses has skyrocketed after reports the U.S. would withdraw from the North American Free Trade Agreement gave investors pause and thrust the prospect of a stand-pat BOC into the spotlight. Alexandria Arnold, Bloomberg.com, "Currency Traders Brace for Possible ‘Hawkish Hold’ by Bank of Canada," 16 Jan. 2018 Nothing blunts the effects of ideology like a few loonies and toonies in the pocket. David Roberts, Vox, "Canadian premier Justin Trudeau is betting his reelection on a carbon tax," 24 Oct. 2018 And the greenback dropped on Friday against most G-10 peers, led by the loonie and kiwi. Dana Pardini, Bloomberg.com, "Everything You Need to Know This Morning From Daybreak (Podcast)," 3 Dec. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'loonie.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of loonie

1987, in the meaning defined above

History and Etymology for loonie

from the image of a loon on the obverse of the coin

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Time Traveler for loonie

Time Traveler

The first known use of loonie was in 1987

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Cite this Entry

“Loonie.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/loonie. Accessed 25 Oct. 2020.

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How to pronounce loonie (audio)

English Language Learners Definition of loonie

Canada : a coin that is worth one Canadian dollar

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