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
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
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
goods, commodities, wares
Check out the leet swag I bought at thinkgeek!
by MoonKnight November 11, 2002
Contrary to popular belief, SWAG actually stands for Sex With Alex Gaskarth. Alex Gaskarth is the singer of pop punk band All Time Low.
Person 1: Justin Bieber has so much SWAG!

Person 2: Bieber has Sex With Alex Gaskarth? I knew he was gay...
by alltimeemily January 07, 2012
S.W.A.G. is the only thing white people can't imitate
by KeepItRealErryday September 11, 2011
White kid: Shit, i forgot to switch on my swag when i woke up this morning
Azn kid: Hah, loser. it's SWAG (Something We Asians Got).
by theskinnyasian January 18, 2011

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