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1.The lowest quality of psychoactive toad
2. An insult towards anyone/anything
1. Dude1: "Dude lick this toad!"
Dude2: "Ok! (lick) OMFG!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! It did nothing.
Dude1: "it's because it's a shwag toad"
Dude2: "Dude you need to get new dealers"

2. Dude1: "Hey did you finish our project"
Dude2: "No I lost it, hey can I borrow your xbox controller?"
Dude1: " What how can you lose our final!"
Dude2: "So can I borrow your controller?"
Dude1: "Shut up you shwag toad!"
by Jesus bagglewhopper May 22, 2010
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