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A word that was extremely overused from late 2010 to early 2012, and is now nothing more than a joke. The word "swag" once had many meanings, such as "Stuff we all get", "Scientific wild ass guess", and even just "stolen goods". The term was eventually used as ghetto slang for "swagger", and just like all ghetto slang, it caught on as a term used by preppy teenfags and douchebags alike. The overuse of the word annoyed a lot of internet users and eventually spawned a popular meme that spread though Facebook claiming that swag really is "a 60's acronym thought up by closet homosexuals standing for "secretly we are gay" ", and even though that is a load of bullshit, it actually got the sheeple of Facebook to stop using the term.

This day in age, saying swag in a non-sarcastic way in public will probably just end up getting your ass beat, as it is no longer "in style", even for preppy teenfags. The term is still used by internet trolls, and as a joke, but that's about it.
1841: "How about we split this swag up evenly?"
1996: "Do you want some free swag and a brochure?"
2011: "You're just jealous cuz I got swag."
2015: "Who the fuck even says swag anymore?"
by thisplacesucksass February 08, 2015
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2
SWAG stands for Stuff We All Get, typically when attending an expo or trade show. You get SWAG when people at booths hand out free stuff like pens, prizes, etc.
Look at all of this SWAG!
by Ronniy February 25, 2008
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1) The new generation's alternative word for "cool".

The new generation originally used swag to describe anyone thought to carry themselves in a way considered by some to be sexy / cool.
Note: considered to be retarded by many others.

Now it is used to describe anything thought to be cool, initiating the irk of previous generations and members of the new generation that disagree with new words.

A similar upset arose with "Groovy" v "cool". Groovy disappeared from the majority of vocabularies within 10 years, foreshadowing the fate of swag.

2) Said previous generations acronym to make fun of the new phenomenon. S.W.A.G "Secretly We Are Gay"
"That guy's got swag"

"I have 10x more swag than you do"

"I just fell down, lol. Swag."

"Crush, kill, destroy, swag."
by Azs September 13, 2012
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4
An alternative term for pirate's treasure. Like booty.
Me holds are burstin' with swag.
by chocobo_knight91 July 17, 2012
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5
A word that originally meant "free stuff." But some rapper used it in a song, and is now the #1 most used word ever. Basically means you sag your pants and wear sideways hats.
Guy 1: I got so much swag!
Guy 2: Please shut up.
by nope.avi June 14, 2013
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6
Traditional Australian camp bed. Highlighted in "Waltzing Matilda" by Banjo Paterson.
Friend: Hey lets go camping
Me: Sure, I'll grab my swag.
by andycidau July 19, 2012
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7
The most used word in the whole fucking universe. Douche bags use it, your kids use it, your mail man uses it, and your fucking dog uses it. If you got swag, you generally wear those shitty hats side way, and your ass hanging out like a fucking goof cause your pants are half way down your white ass legs. To break down the word, it means (Secretly We Are Gay). It is also a word that means to represent yourself/ the way you represent yourself, baggy clothes, shitty hats, small penis and basically a way to say your afraid to come out of the closet.
Assface Magee: I got so much swag
Darrel: You got so much dick in your ass
Assface Magee: Fuck you, SWAG
by jonnypage July 20, 2012
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