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1.
The lump of meat, often full of lacerations, that hangs below a male gymnast.
BFG: What the fuck, Big J?
Big J: Ain't nothin', man, that mother's tying gang busta--n'm', 'u?
BFG: Schwatz!
by Food and Drug Administration June 26, 2003
10 6
 
2.
The penis, from the Yiddish.
Correct spelling of shwatz.
Beverly nearly saw my schwatz when I lost my grip on my towel.
by T. Strange May 30, 2003
8 5