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1.
Something that is totally fucking awesome and nothing else can overcome that shit.
Guy 1: Holy shit man, did you see that movie?
Guy 2: Ya dude, that movie so was so fucking swankadee
by willy_lamar April 13, 2013
 
2.
This word is often associated with the word Swankity (which is the correct spelling) but the two words are essentially opposites. Swankadee is used by dumbasses who can't spell. It's litteral meaning is the opposite of cool, or worthless.
Spencer: Ya dude, that movie so was so fucking swankadee.
Josh: Stop saying that. You sound like an ass.
by ImplosiveButter May 06, 2013