From The Collaborative International Dictionary of English v.0.48 [gcide]:
baloney \ba*lo"ney\, n.
1. [Believed to be derived form balogna, but perhaps also
influenced by blarney.] nonsense; foolishness; bunk; --
also used as an interjection. [Also spelled {boloney}.]
[slang]
[PJC]
No matter how thin you slice it, it's still baloney!
--Al Smith.
[PJC]
2. informal variant of {bologna[2]}, for {bologna sausage}.
[informal]
[PJC]
From The Collaborative International Dictionary of English v.0.48 [gcide]:
Bologna \Bo*lo"gna\, n.
1. A city of Italy which has given its name to various
objects.
[1913 Webster]
2. A Bologna sausage; also informally called {baloney}.
[1913 Webster]
{Bologna sausage} [It. salsiccia di Bologna], a large sausage
made of bacon or ham, beef, veal, and pork, cooked and
smoked, chopped fine and inclosed in a skin.
{Bologna stone} (Min.), radiated barite, or barium sulphate,
found in roundish masses composed of radiating fibers,
first discovered near Bologna. It is phosphorescent when
calcined.
{Bologna vial}, a vial of unannealed glass which will fly
into pieces when its surface is scratched by a hard body,
as by dropping into it a fragment of flint; whereas a
bullet may be dropped into it without injury.
[1913 Webster]
From WordNet (r) 3.0 (2006) [wn]:
baloney
n 1: pretentious or silly talk or writing [syn: {baloney},
{boloney}, {bilgewater}, {bosh}, {drool}, {humbug},
{taradiddle}, {tarradiddle}, {tommyrot}, {tosh}, {twaddle}]
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