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1.
It is a "fuck" that is bound by large bodies of water. It is the sister "fuck" to the "flying fuck".

It is a noun; used when conveying how much you could care less about a particular scenario/incident/person.
Dude 1: Brah, let's play some golf

Dude 2: Bro, I couldn't give a swimming fuck about golf and it's shitty wide array of different clubs.
by Leo Pindar September 24, 2011
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