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loonie

What does loonie mean?

Canadian slang for the $1 coin, which pictures a loon.

"Toss a loonie in the parking meter."

Origin

Named for the common loon bird on the Canadian one-dollar coin.

Frequently asked questions

What is a 'loonie'?
It's Canadian slang for the one-dollar coin, which features a common loon bird on one side.
Why is it called a loonie?
The coin is named after the loon, the waterbird pictured on the Canadian $1 coin.
How is a loonie different from a toonie?
A loonie is the $1 coin; a toonie is the $2 coin, whose name is a play on 'two' plus 'loonie.'
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Slang definitions: FreeDict original editorial.