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386.
S.W.A.G. (swag)- Special Weapons and Gear; unofficial military term for all the fancy shit the "highspeed," guys carry.
Did you see the S.W.A.G. those SF guys had? I gotta get me one o' them!
by thatguy524 February 09, 2010
 
387.
Rubbish/Shit. A word used to describe something not very good. Most used by those of whom blaaaze.
"man that hoody is swag"
"pftt...swag phone"
by the JM January 25, 2009
 
388.
Adj: used to describe something or someone which/who could only be described as cool, awesome, or otherwise incredible in every way.
"That dude is swag."

"How was the movie?"
"Pretty swag."
by M. Geib April 23, 2008
 
389.
to be swallowed by vagina
Pedro suffered death by swag when Monica sat on his face.
by Marcraine February 10, 2008
 
390.
1) Something that a comical robber might keep all of his stolen stuff in.
2) Not very good, rubbish.
1) Oi, let me see tonights swag.
2) Dat game is well swag.
by 2shay January 04, 2007
 
391.
Note - Swag is not to be confused with Schwag (Mexican marijuana as opposed to North American marijuana which typically contains a much higher THC content.)

1. Stolen Without A Gun - in the concert industry this term refers to promotional items distributed normally at a concert to roadies and employees of the concert company (although most concert companies were merged into "SFX Entertainment" from 1997-2000 and later sold off to "Clear Channel Communications" which also owns large majority of U.S. radio stations.) People have made up many other explanations for this acronym, but this is the original meaning according to many people within the music industry.

2. The belongings of Australian bushman which they rolled and carried while traveling by foot.

3. Scientific ass wild guess - This acronym was popular in the 1980's, meaning a highly accurate guess not backed up with scientific evidence.
1. Tonight the promoter gave me this great swag.

2. The Aborigines traveled with their swag.

3. I listened to his swag and it made lots of sense.
by Doug D. Smith December 04, 2006
 
392.
An upper-class gentleman 'dawg'.
Chap 1: "I say, are we all set for a spot of croquet after tea?"
Chap 2: "By jove, indeed we are, swag!"

Lady 1: "That Mr. Darcy is a rather fanciable fellow."
Lady 2: "Rather, but I hear is somewhat of a swag."
by Yo Ho Ahoy! August 19, 2006