It's a word created by a bunch of stupid ass people just to fuck around.The word has no meaning, but the SWAG(secretly we are gay) community believe it to be something extraordinary and out of the universe just like the word 'Gucchi ' for a lil'pump fan.
Usually seen in the form of a ‘lanyard’. Worn by employees usually to show that they are an employee or as it contains a metric for security or monitoring i.e. identity card/swipe card.
The supervisor walked over waving her lanyard, thinking it made her look important. She didn’t realise that it wasn’t a badge of authority but rather it was a necklace of oppression.