loonie

American  

[loo-nee] / ˈlu ni /

noun

1. Canadian Informal. a dollar coin.

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loonie British  

/ ˈluːnɪ /

noun

1. slang

   1. a Canadian dollar coin with a loon bird on one of its faces

   2. the Canadian currency

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Etymology

Origin of loonie

From the image of a loon on the reverse

Example Sentences

Higher energy costs led to a bigger-than-expected spike in Canadian inflation, lifting the loonie on Wednesday and triggering selling in bond markets around the world.

From Reuters

Higher energy costs led to a bigger-than-expected spike in Canadian inflation, overnight data showed, lifting the loonie and triggering selling in the Treasury market.

From Reuters

"The loonie has lost a few feathers in recent weeks," said Stefane Marion, chief economist and strategist at National Bank of Canada.

From Reuters

The median forecast of nearly 50 currency analysts was for the loonie to weaken to 1.35 per U.S. dollar in three months' time, compared to 1.34 expected in last month's forecast.

From Reuters

The hawkish message has boosted the U.S. dollar against a basket of major currencies, including the loonie.

From Reuters