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1.) Acronym for "Dances with A***** G****" (its a name).
2.) Used as a derogatory term for one who dances with a foul creature at a high school dance.
Jason danced with that ugly ass bitch so now we can call him a DWAG.
DWAG by pvpsu1317 May 3, 2014
Related Words
an updated word for swag; usually intensifying the word.
Person 1: ayeee, you dwaggin' today bret!

Person 2: word bret, you know it!
dwag by anonymous.rawrr January 9, 2011
acronym for 'darts player's wife and girlfriend
person 1 'Dude you seen Phil Taylor'
person 2 'No but i seen his dwag!'
person 1 'LOVELY'
dwag by Pierce B January 15, 2008
Douchebag With A Guitar. He can barely play it, but likes to sit in public holding it to attract girls and carries it with him all the time.
"I don't want to go to that coffee shop anymore; some dwag hangs out there butchering Coldplay songs all day."

"Isn't that guy with the guitar a little old to be hanging out with high school girls?"
"Yeah, the dwag can't get anyone his own age, but girls too young to know better think he's cool for playing guitar."
DWAG by Derpette21 June 14, 2012
The act of wagging one’s dick side to side as a display of affection or satisfaction (i.e. after sex or among friends)
“Dude, I was dwaggin’ so hard last night in front of Lauren.”

Pull down those pants Daddy, and show me that dwag!”
dwag by Dwagdaddies69xoxo May 31, 2018
acronym for 'darts player's wife and girlfriend
person 1 'Dude you seen Phil Taylor'
person 2 'No but i seen his dwag!'
person 1 'LOVELY'
dwag by Pierce B January 25, 2008