Slang; short form of savage
1. denotes emphasis, usually in a positive or mock-positive light; the precise quality that is being emphasized is generally dependant upon context
Svg is very often used sarcastically.
Person One: <some sort of commendable display>
Person Two: Dude! Svg!
Person One: <relates a story of woe and bad luck>
Person Two: Wow, that was a svg mise.
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