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Orginally from the Scottish slang word "swagger" which was a description of the way some Scots walk (in a swaying motion), the word was then misinterpreted by the English as "the way someone presents themselves". Eg, whether someone looks cool.
The word quickly made its way to the states and has ever since become the catchphrase of douchbags and tools everywhere.
Person 1: "I think that guy off Jersey Shore has swag"
Person 2: "You're a dick"
swag by liddad August 2, 2012
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swag (swăg)
n.

1.
a. An ornamental drapery or curtain draped in a curve between two points.
b. An ornamental festoon of flowers or fruit.
c. A carving or plaster molding of such an ornament.
2. Slang. Stolen property; loot.
3. Australian. The pack or bundle containing the personal belongings of a swagman.
4.
***a. Common American Slang. Cheap, low quality marijuana with a low level of THC. Typically said to range ~30USD for 1/8 lb. depending on locale.***
b. Slang. Herbal tea in a plastic sandwich bag sold as marijuana to an unsuspecting customer.


intr.v., swagged, swag·ging, swags.
1. Chiefly British. To lurch or sway.
2. Australian. To travel about with a pack or swag.

Probably of Scandinavian origin.


Acronyms:
Scientific Wild Ass Guess
Semantic Web Agreement Group
Shock Wave Generator
Silly Wild Ass(ed) Guess
Simulated Waste Access to Ground Water
Sold Without A Guarantee
Sophisticated Wild Ass Guess
Souvenirs, Wearables And Gifts
Standard Written Agreement
Still Wondering and Guessing
Stolen While At Gig
Stuff We Acquired Gratis
Stuff We All Get
Mike threw some cannabis seeds out in some wild field returned and a year later to collect his swag.
swag by loki goes rawr July 20, 2004
Swag is actually an acronym meaning

Stolen

Without
A
Gun
It often refers to illegally obtained aka “hot” items that are often sold out of mob restaurants & pubs or from directly off a truck. Merchandise usually consists of clothing like coats and shoes, women’s accessories; jewelry: watches, rings, necklaces; electronics: computers, televisions, cell phones, etc.
Items that happen to fall off of trucks in New York City are often sold as SWAG out of Brooklyn neighborhood bars.
Swag by White_Boy_Awesome March 5, 2021
a word that means Secretly We Are Gay

next time u see someone say that there gay
Swag by Subscribe to sushi4u2 September 26, 2017
S- Something
W - We
A - All
G- Get tired of hearing
Teacher: What is the square root of 69?
Dude: SWAG!
Teacher: SHUT THE F*** UP!
Idiot-speak for "cool".

If you know any person that has used the word swag more than 5 times in their life, you can go ahead and assume 1) they will never graduate from High School 2) they will probably never amount to anything and 3) they will never be smarter than a street light.
Person 1 "LOL iM sO sWaG yO"
Person 2 "LOL You're going to spend the rest of your life depending on the U.S. Government, yo!
Swag by Kittens. July 23, 2012
Sex with a goat.
Justin Bieber has lots of SWAG.
Swag by stuck4cash November 5, 2012