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SWAG stands for "Shit We All Get," most commonly referring to shitty college food provided by your wonderful meal plan.
College kid 1: "Hey man, wanna go get swag?"

College kid 2: "No thanks, I'd rather eat ramen noodles again."
SWAG by marbear36 September 22, 2011
Related Words
Chris Franchi has so much swag that he kills all girls with his swag walk and killer looks.
swag by xxfranchixx October 14, 2011
A positive term used to describe the way one carries him or herself; an atmosphere of "coolness"
"Man, what a guy, that Kevin. He's got so much swag!"

"Oh snap, son! Kevin is swaggin~"

"Kevin was swaggin it out on the dance floor last night. What a swagger"

Man 1: Nukka, plz! Quit actin like you got swag. You

ain't Kevin Choe!
Man 2: You're right, i'm sorry. Now i feel like a fool.....
Man 1: You should just jump off that bridge
swag by Kstuh June 23, 2010
swag by Anonymous January 28, 2003
From what I can see swag breaks down like this: back in the 1600s swag meant goods gained by theft, or booty. I saw the word rise again in a similar form in the late 80s when people would get cool little free gifts or promo stuff for attending conferences. After this swag split into to categories. Free promo items, pins, and the second category was more things gotten for free for attending things. at Wow cons there was often rare and incredible swag given only to those in attendance, so gamers began to associate the word swag with rare or really awesome freebies. From there swag moved on to a replacement for anything cool or awesome. The whole swag meaning secretly we are gay thing, well I'm pretty sure that's just gay dudes wishing all the hot pirate dudes in movies were secretly gay. yes, pirates used the word swag as well as booty, I can understand the confusion what with booty being used but that's another misunderstood word for another time
Aaar matey we be gettin some swag worth havin from the pillaging of this unguarded fort.

I got this awesome rare one of a kind ride in my swag bag at the last con I was at.

My boss says we have to wear this swag promo-ing our restaurant when were at work.

My sisters boyfriend is taking us to this concert tonight its gonna be swag

(or whatever. you get it)
Swag by shiana69 September 20, 2014
Someone that is "cool".

Also, short for many different things:
-Secretly We Are Gay
-Something We Athletes Got
-Something We Asians Got
-Something We Already Got-tired-of-hearing
-Scientific Wild Ass Guess
-Stuff We All Get
-Stolen Without A Gun
-Sex With A Goat
-Sexy With Abit of Gangster
-Still Without A Girl
-Still Without A Guy
...You get the point.
"Swag!"
Swag by thehappyblonde_03 September 28, 2014