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Material stolen, loot, as from a burglary or robbery
"We'll split the swag if you help."
From "Police," a Charlie Chaplin silent movie
by brightwriter December 11, 2013
S.W.A.G.= Secretly We Are Gay
justin bieber wants to be a nigger so he likes to say swag alot and he is gay so it is a secret saying of what he really is.
by the journal October 01, 2013
A phrase utilized by faggoteers who try to appear flashy and hipster. However they are only presenting themselves as a major league douche bag supreme, as this saying means "Secretly we are gay".
Simply the word "swag" is used by little kids who think they are cool but instead misunderstand the true underlying meaning of the word and trying to imply they are homosexuals
Person 1: Yo who has swag?
Person 2: Angus Ng does.
Person 1: Who is he?
Person 2: That gay guy who leads the gay pride parade
by The Tricksteroo September 08, 2013
Overhere it means

Someone Who Acts Gay
that guy is swagging, (he dances like a female)
by loadrunner June 23, 2012
Situation Wild Aim Guns
Listen Up! The C.O. radio'ed, we have 65 insurgents moving into attack and spotting positions, SWAG, SWAG!

Light 'Em Up!

Crackle of gun fire heard.
by Mr.Blackwater1979 April 29, 2012
Swag is an annoying word that stupid assholes made up to make themselves sound cool. if you look closely, you'll notice that the more frequently someone says the word swag, the less of it they have. seriously it's fucking annoying.
nick- hey buddy... i was just mackin up these fine ass biddies last night...they were all over my swag

Me- dude, you're a 14 year old white guy that hasn't even kissed a girl yet, STFU!
by TheSpillerr October 10, 2011
Possibly the best nickname in the world. Once you hear it, you want to know the girl better she is obviously super cool and a total babe. The girl can hang with the best. Gotta love herr.
SWAGSS! I love you girll.
by Swagsz9 July 21, 2010