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A child between the ages of 12 and 20 who is notorious for being a cheap shot, a thief, a liar, a con or even just annoying as hell. Usually, they are also very gullible.
"Don't talk to me about that kid! He tried to sell me oregano once. He's a little schwug."
Related Words

Schwicky Schwag 

An anagram for "Liberty Launcher", a weapon in the 2007 First Person shooter Team Fortress 2
"What's a schwicky schwag? what does that even mean?"
"It's the liberty launcher!"
Schwicky Schwag by ferkon December 6, 2020

Schmugge  

1) a last name from Prussian/Polish heritage,the people are usually found in Chicago or the Carolinas ,these people really like to party , they are also very gifted and creative people
That guy is such Schmugge , he always throw a great party !
Schmugge by Miezsko March 2, 2009

Schwagtrulescent

When something, anything, suffers from a lack of quality in the way that schwag weed sucks. A chronically bitchin person, place, item, music or event can never be schwagtrulescent. Having the essence of schwagg is never a good thing, unless it is actually schwagg weed and that's all you can afford.
Fuck this loser frat party - this party is way too schwagtrulescent.
Schwagtrulescent by TNTNeal December 1, 2010

Schweggie 

A term used in the entertainment industry; specifically in Los Angeles, California, to bring praise to someone in an award-like fashion for being extremely selfless while on the job. Named after Hollywood Producer William Allan Schwegmann, this term is becoming more and more commonly used in Hollywood vernacular.
"And the Schweggie of the day goes to...."
Schweggie by HollywoodTinman May 28, 2016

Schwagstock 

a summer-long series of weekend camp-outs/concerts that is a tribute to the music and vibes of the Grateful Dead
"The Schwag is playing at Schwagstock '07!"
"No shit."

Schwagstock by SchwaggedUrMom February 7, 2008