Swag is when a person holds semen (AKA sperm, jizz, cum)
under their tongue for one minute, then swishes it thoroughly
around their mouth and gargles it.
Guy 1: Yo, I got swag.
Guy 2:...So you play with semen? Sick f*ck.
Promotional gift, tzatchke or leave-behind. The calendar your insurance agent sends. The t-shirt you get at a 5k race. The Guccipurse a member of the academy gets before the Oscars. S.W.A.G. from "sent with a gift."
This year, SWAG from the conference included a gym bag with the sponsor's logo, some coffee mugs with the co-sponsor's logo and some chocolates in the shape of a stethiscope.
Normally used in a "positive" way but always used to describe the minuscule accomplishments in one's life. Popularized by terrible "musicians" it is now used by almost everyone between the age groups of 14-21 to describe anything and everything they do because it makes them feel better about themselves.
John: Hey man I just ate a sandwich for lunch!
DeSean: Swag.
Jeremy: DeSean, you're an idiot.....
(Noun)
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. Promotional items, especially when given for free, considered as a group.
3. Slang-Stolen property; loot.
4. Australian-The pack or bundle containing the personal belongings of a swagman.
5. 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.