The Collaborative International Dictionary of English v.0.48:

Loot \Loot\ (l[=oo]t), n. [Hind. l[=u][.t], Skr. l[=o]tra,
   l[=o]ptra, booty, lup to break, spoil; prob. akin to E. rob.]
   1. The act of plundering.
      [1913 Webster]

   2. Plunder; booty; especially, the booty taken in a conquered
      or sacked city.
      [1913 Webster]

   3. Hence: Anything stolen or obtained by dishonesty.
      [PJC]

   4. Broadly: Valuable objects; as, the child was delighted
      with all the loot he got for his birthday.
      [PJC]

   5. Money; as, you shouldn't carry all that loot around with
      you in the city; she made a pile of loot from trading in
      cattle futures. [slang]
      [PJC]

The Collaborative International Dictionary of English v.0.48:

Loot \Loot\, v. t. & i. [imp. & p. p. Looted; p. pr. & vb. n.
   Looting.]
   To plunder; to carry off as plunder or a prize lawfully
   obtained by war.
   [1913 Webster]

         Looting parties . . . ransacking the houses. --L.
                                                  Oliphant.
   [1913 Webster]

WordNet (r) 3.0 (2006):

loot
    n 1: goods or money obtained illegally [syn: loot, booty,
         pillage, plunder, prize, swag, dirty money]
    2: informal terms for money [syn: boodle, bread, cabbage,
       clams, dinero, dough, gelt, kale, lettuce,
       lolly, lucre, loot, moolah, pelf, scratch,
       shekels, simoleons, sugar, wampum]
    v 1: take illegally; of intellectual property; "This writer
         plundered from famous authors" [syn: loot, plunder]
    2: steal goods; take as spoils; "During the earthquake people
       looted the stores that were deserted by their owners" [syn:
       plunder, despoil, loot, reave, strip, rifle,
       ransack, pillage, foray]

Moby Thesaurus II by Grady Ward, 1.0:

96 Moby Thesaurus words for "loot":
   abduct, assault, attack, barbarize, batter, blackmail, boodle,
   booty, brutalize, burn, butcher, carry off, carry on, depredate,
   despoil, destroy, dough, filthy lucre, fleece, forage, foray,
   freeboot, gelt, go on, graft, greenbacks, gut, hammer, haul,
   hot goods, jack, kidnap, knock off, knock over, lay waste, lettuce,
   lift, lucre, maraud, maul, moolah, mug, perks, perquisite,
   pickings, pillage, plunder, pork barrel, prey on, prize,
   public till, public trough, rage, raid, ramp, rampage, ransack,
   rant, rape, ravage, rave, raven, ravish, reive, relieve, rifle,
   riot, roar, rob, ruin, sack, savage, seizure, shanghai, slaughter,
   sow chaos, spoil, spoils, spoils of office, spoliate, squeeze,
   stealings, stick up, stolen goods, storm, swag, sweep, take, tear,
   tear around, terrorize, throttle, till, vandalize, violate,
   wreck