Hip jacket, typically with white leather sleeves and two knitted stripes. Was particulary popular with Afro-Americans in the 1970's.
Guy: Hey Liz! Whaddya think of my new varsity jacket?
Girl: Hot, Reymond! Suits your 'swag' well.
Me: *cough* exciting.
Girl: Hot, Reymond! Suits your 'swag' well.
Me: *cough* exciting.
by Grijze Pilion November 02, 2012
American Dad: a Family Guy-spinoff about Stan Smith, a CIA officer with an intense love for America, and his family.
by Grijze Pilion October 13, 2012