Top Definition
Schwag Friend - (n) 1. a disposable friend you dont invest too much emotional value in 2. the friend who is the equivalent of the bag of really bad weed you just put at the back of the stash cuz you only want to smoke the good shit, Schwag in case of emergency ONLY
Dude 1 - should we invite your roommate

Dude 2 - nah, we're not really close to the point where we hang out

1 - why not?

2 - hes just a Schwag Friend

1 - oh dude i totally understand
by tbchef May 04, 2010

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