From Longman Dictionary of Contemporary Englishhang/stay loosehang/stay looseAmerican English spokenRELAXED used to tell someone to stay calm, or not to worry about something → loose
Examples from the Corpus
hang/stay loose• Now maybe I jus' wan na hang loose.• Down a partly overgrown lane we stop outside a trailer which has a huge panel hanging loose revealing some yellow-green insulation material. 