A word that has the same meaning as mongoloid, referring to the people with down syndrome. It is often used to tell someone they're a retard, when in fact they're not. Hispanic people use the word along with the spanish curse word pinche. Mongolo is sometimes used in spanglish sentences.
Look at that pinche mongolo!
I was going to the store when un pinche mongolo stepped in front of my car asking for money.
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Eng. Simple-minded dumbass with a very high level of stupidity. (Someone not so smart)
Spa. Simplemente un pendejo con niveles altas de estupidez. (Alguien no tan listo)
He's a Mongolo for selling his car for gas money.
El Mongolo vendio su carro para comprar gasolina.