A multi-functional term
1. The state of being intoxicated to the point where one's inhibitions are minimal to non-existant.
2. Any action undertaken whilst in this state can be classified "loose behaviour"
3. The intoxicant itself
1. "Wow man, i just drank 20 beers, im really loose"
2. Action: Dude vacates hot tub, walks into nearby bedroom and urinates on the carpet.
Response of other houseguests: "Dude that was fuckin loose"
3. Dude 1: "Lets go up to the Dan Murphy's and acquire some loose"
Dude 2: "Sounds like a loose idea"
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