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1.
1. Name of a brand of popular bicycle.
2. Term originated at the University of Central Florida in the fall of 1999, to describe a loose woman whom every person has coitus with, or in layman's terms, everybody can screw, similar to a town bicycle.
"Yo, that dumb schwinn will bang you if you give her the time of day!"
by The Stallion October 30, 2004
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