A slang term used to define a rolex or other high priced watch that is worn by an individual who is "swoll", or muscular.
Jim: Is that a rolex on your wrist?
Bob: Naw dog, thats a swolex when I wear it, and it says it's time to go.
Bob: Naw dog, thats a swolex when I wear it, and it says it's time to go.
by Derek Cook September 17, 2006