Webster's English Dictionary

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loaf

1. loaf \'lo-f\ \'lo-vz\ n or loaves [ME lof, fr. OE hla-f; akin to OHG 
   hleib loaf] pl  1: a shaped or molded mass of bread  2: a regularly molded 
   often rectangular mass : as  2a: a conical mass of sugar  2b: a dish (as of 
   seasoned meat or fish) baked in the form of a loaf 
2. loaf vi [prob. back-formation fr. loafer] : to spend time in idleness