a. and sb. vulgar. Also looney. [Shortened form of LUNATIC + -Y.] a. adj. Lunatic, crazed, daft, dazed, demented, foolish, silly. b. sb. A lunatic.

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1872.  B. Harte, Heiress of Red Dog (1879), 93. You’re that looney sort o’ chap that lives alone over on the spit yonder, ain’t ye? Ibid., 96. ‘Looney!’ It was not a nice word. It suggested something less than insanity; something that might happen to a common, unintellectual sort of person.

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1883.  E. C. Mann, Psychol. Med., 424 (Cent.). His fits were nocturnal, and he had frequent ‘luny spells,’ as he called them, during which he was oblivious to all his surroundings.

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1884.  St. James’s Gaz., 29 March, 6/2. An excellent system whereby one loony was brought to bear upon another.

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1897.  Kipling, Captains Courageous, 27. Dad sez loonies can’t shake out a straight yarn.

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1900.  F. W. Bullen, With Christ at Sea, xiii. 253. I sh’d a ben fair loony long ago.

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  slang.  1987.  The Gazette (Montreal), 4 Sept., C-12/3. The British twopence coin, worth about 5 cents Canadian, seems to have about the same dimensions as the new $1 Canadian ‘loony’ coin. Parking meters in Ottawa, at least, can’t tell the difference.

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