A pirates booty, loot, treasure, or stolen goods.
May also be used with respect to thieves (but not scumbag robbers)
Pirate captain: Yarh lads stash the swag in the hold.

Police detective: ...and that's when they made off with the pile of swag.
by The Titchinator August 30, 2013
A term reinvented by the younger generation. Swag is an abstract and often intangible concept. Generally is used to describe a certain way of carrying oneself that conveys a certain effortlessness in all aspects of life - someone who has "swag" employs a fluid body language and lazy or careless behavior to give off a sense of inner peace and absolute confidence. Clothing also plays a large role in one's swag - generally it is associated with urban hip-hop themed apparel, generally with either bright colors or the prominent use of white so as to appear more "clean". this look does not work for everyone, and is generally only used by the upper class. more poverty-ridden individuals who seek swag can use a variety of clothes - ultimately swag is not about one particular style, but about the individual's ability to find and maintain a style that suits their personality.
"Damn son what are you tryna do with them jordans? How long you been saving up for that shit? You be wearing them bright white jordans with your plaid shirt and your ratty-ass dreadlocks, nah son. Nah. you walk around your block in that shit you gon get shot."

"Damn son Nardwuar has more swag than most rappers. He nerdy as all get out but he don't give a fuck."
by yung alex May 06, 2013
Secretly We Are Gay. Usually used when someone is trying to come out of the closet without most people knowing. See homosexual or justin bieber.

Another Definition: Walking with your pants on the ground, talking like this: Wassup homie you know i got swag!
Guy 1: Guy 2 should we say it?
Guy 2: we shall.
Guy 1: SWAG!
Person who knows meaning: gasp!
Person who doesnt: LOL me too
Person who knows meaning: Gasp!

-----
He had swag so he was destined to be forever alone.
by DERPBRO October 04, 2012
Makes up a good portion of why the world is as fucking stupid as it is. Coupled with the words YOLO, gay, and fag/faggot, this word is powerful enough to stop an intelligent person's heart.
Man educated by the public school system: #SWAG!

Me: Prepare to die.
by Chowder183 September 23, 2012
The way a swaggot thug walks after being fucked in the ass. This is typically shown by sagging, which symbolizes that they've been fucked in the ass before and wish for it again. It is also shown by wearing a flat billed snapback sideways or backwards and wearing vans or chucks.
This trend, known as swag, makes perfect sense due to the fact that swag means Secretly We are Gay. This goes well with sagging which shows that they're available for sex by another male.
by FaZe Temperrrr October 15, 2012
S.W.A.G stands for the Students With Academic Goals Program or the Swahili Western-Samoa Anti German pact from WWII
George-Hey man im in S.W.A.G
Phil Mickelson-Cool keep up the good work
by Isaac returns May 30, 2012
a combination of the words "swimming" and "fag", or another word for a gay fish
Terry: I'm going for a swim.
Jim: Watch out for Swags, they're mating this time of year.
by JP moneymaker April 23, 2012

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