Term of derrogation used by Hispanics to refer to another Hispanic who emulates or kisses up to Anglo-Americans for purposes of social climbing. It means "brown on the outside, white on the inside."
We thought Bustamante would be the first Hispanic Governor of California since it was part of Mexico, but after he lost the lection everyone said he was just another cocoanut.
Jed is such a cocoanut that he actually looks forward to an extra-chilly winter, since colder weather prompts more people to offer visitors a steaming cup of da sweet brown "muddy stuff".