a synonym of dibbs, a term that is used to claim something. Swibbsing is a combination of dibbsing, and sweetness. Hence the term "swibbs", sweet-dibbs.
A term commonly used in the edmonton area describing someone who is made fun of for being diabetic.
Anthony: Hahahahahaha! Look at that stupid diab.
Kyle: Yeah i know, what a loser, that guy can't even make fun of people with A.D.D or he will just get laughed at for being such a stupid diab.