You post something like "Just got a promotion at work, woo hoo!" and then after a bunch of people comment "Awesome! Congrats!!", you utilize the EDIT feature on Facebook to change your status to "My wife just told me she wants a divorce...FML!!"
Status-Swap: You post something like "Just got a promotion at work, woo hoo!" and then after a bunch of people comment "Awesome! Congrats!!", you utilize the EDIT feature on Facebook to change your status to "My wife just told me she wants a divorce...FML!!"
by Tall Tom B. March 17, 2014

When you're the bachelor at a stag party, and your friend's plate has a nicer piece of butter on it, so you decide to switch the plates
by mandeepr April 4, 2019

by Larry The Unstable Guy January 10, 2021

Sliding naked into your flat mate's bed when his or her partner is already there and waiting for your flat mate to return, then preceding to snog them. Lastly, post coitus, you must shout, "Oi gov thanks for givin me the ol sneaky swap!"
"I was about to get it in with this hot chick but after sex, I realized my roomie got me with a damn sneaky swap."
by Tankkard December 25, 2013

by Metro Boomen June 20, 2016

a financial instrument used to part fools from their money. Usually involves speculating on interest rates. The fools, or 'mark', in this con are often unsophisticated public officials such as school boards or county commissions who are gambling with your money. The fools are advised by sleazeballs known as 'financial advisers' or 'consultants'. The sleazeballs are paid by both the fool and either directly or indirectly by the counterparty that makes a shitload of money, the greedy grifters often referred to as 'banks'. The banks only lose often enough to keep the hopeful fools signing up. By the time fools realize they have been had, it is a lose-lose situation. Pay enormous fees to terminate the contract, or continue riding it into the hole, hoping for a miracle.
Dude, why are your schools shit?
'Cause the board got fooled into a rate swap. We got jackshit and owe millions.
'Cause the board got fooled into a rate swap. We got jackshit and owe millions.
by Gaaaaaah! April 5, 2010

The act of two men masturbating each other. Heard mentioned by the police on the Showtime series "Brotherhood".
by SuperMunch April 17, 2009
