Definition
A group effort to make or save money online with minimal individual exertion—basically crowdsourcing laziness for profit. Why hustle alone when you can split the effort and keep more cash?
Example Usage
We're loafitting for the road trip by splitting gas and using group discount codes.
Source: Urban Dictionary (https://www.urbandictionary.com/define.php?term=loafit&defid=4119600)
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See “loafit” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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