Loaf'er noun [ German läufer a runner, Prov. German laufer , lofer , from laufen to run. See Leap .] One who loafs; a lazy lounger. Lowell. Found on http://www.encyclo.co.uk/webster/L/53
A loafer is a type of low-heeled, slip-on, casual shoe similar to a moccasin. They originated in Norway and were introduced to the USA in the 1940s. Found on http://www.probertencyclopaedia.com/browse/PL.HTM