2 definitions by obx

Top Definition
beautiful, well shaped, hanging breasts
Jennifer B's funbags are what I think about sliding my cock between before i shoot my load
by obX October 05, 2004

Of poor/lowest quality. Bad condition.
Inferior item. Of reject status.

( somtimes pronounced as swag )
Schwag sea shells lying on the beach.
Dude always saves the schwag for us.
That schwag gives me a headache.
They live in a schwag place.
That store sells schwag.
That cig tastes like schwag.
by obx June 09, 2004

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