loose ones

single cigarettes sold largely in inner city communities (the term originated in baltimore, maryland) by young men. outside the corner store or at a train station is usually where these boys slang their shit.

young man: ayyo, i got dem loose ones hea, loose ones yo
customer: young man, lemme get tew of dose

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A loose one

When in a scenario where everyone is naked (usually in locker room or the showers), and you stick your finger in their butthole when they look away.

Hey Mike, let's give the newbie a loose one

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fiddling a loose one

when you give someone with whiskey dick a hand job to try to get it up, but of course, they have whiskey dick, so you can't get it up. so the penis just kind of flops around while you fiddle with it. the worst thing that can happen to a drunk and horny individual.

Girl 1: "Man, Casey had whiskey dick, so I was fiddling a loose one for a while"
Girl 2: "Dude that sucks...sorry you didn't get it in!"