Definition of loafers:
(n) :
An idle person.
(n) :
A shoe with no laces, resembling a moccasin.
(v) :
(dialect, intransitive) To loaf around; to be idle.
(n) :
(Southwestern US dialects) A wolf, especially a grey or timber wolf.
(n) :
(cellular automata) A particular orthogonal spaceship in Conway's Game of Life that moves at a speed of c/7, and the smallest such example.