a noun originating from the term used to describe low grade marijuana. now, it is the name of new trier's finest and has evolved from just a name to a way of life known as "schwagenomics"

can also be used to describe a unique situation
1."Damnit, Schwag! Did you eat my food again?"
2."Schwag, did you take something that doesn't belong to you?"
3."That's a very schwag thing of you to do"
4."All you do is play solitaire and smoke schwaggy schwag, schwag"
by 91 June 27, 2008
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1. n: Shitty Hella Whack Ass Grass; Extremely low grade-marijuana, containing large amounts of seeds and stems, generally costing $20 for an eighth of an ounce (in denver), useful for the rolling of Blunts Blunt
"He said his weed was dope, but it was total schwag"

"Man, take your shitty hella whack ass grass and bring me some chronic"
by Patti Smith May 2, 2009
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A term used for clothing and other accessories from manufactures that provide there company logo or brand.
Hat schwag, schwag Shirts
by mildot June 4, 2009
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Straight up poop, usually costing less per ounce then a standard quarter of K.B. would; Brown in color and generally flavorless also containing high numbers of seed and stems. You may expect to cop this off of a high school-er (if your that guy), however for the rest of us whom have standards, would rather have sex with a belt sander.
Bro 1: "Dude did you see mark trying to pawn that Schwag off on me?"
Bro 2: "No dude, but did you tell him you'd rather fuck a belt sander?"
Bro 1: "Oh fuck yeah, straight 80 grit."
by M.C. Creep aka the real DEAN October 2, 2012
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Saying swag, with more swag.
Sh-wag.
"DANG, she definitely has schwag." :)
by N&W July 28, 2011
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A person with a fupa (may be incredibly stupid, or ugly looking).
Check out that ho with the schwag. Nasty.
by planb10113 August 30, 2008
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The bottom of a bottle of beer or other alcohol that is often mixed with saliva and has warmed from its refrigerated temperature.
Jerome gave me the rest of his beer, but only the schwag was left.
by JDawg's Rocker April 18, 2011
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