Jeans worn to try and demonstrate that the wearer has swag, and to attract the attention of the hottest girls around my showing how skinny they are and their ugly boxers. In reality they end up just being sagging, baggy jeans that no one can respect.
David: Hey Bibi, check out that dumbass over there with his ass hanging out the back of his swaggy jeans!
Bibi: Wow, could his pants hang down any lower? And what's the point of having a belt if it sags that much?
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.