noun

A person who is bent on acquiring a lot of items (loot)in a MMORPG. Usually carries a pejorative tone, implying that the person in question is egoistically and unrationally focused on his/her gear, but can be used as a compliment of sorts for the hardcore, gear-obessive players.

A: "Man, I wish I had that 'Fur-covered Aegismastershield of Linkzor the Elfman', would really own for my paladin"
B: "Dude, you only just got your 'Chromatically Tempered Greatsword' yesterday, don't be a lootwhore"