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it is a term used to describe a clutch incident for someone that possesses "swag".
Ex:
(while playing monopoly)
One: Oh man, you are so going to land on my hotel properties this turn.

Two: Nah, that ain't me. I am going to roll a 7 and land on free parking.

(Rolls a 7)

Two: SWAG SLIDE!
by qbrw January 07, 2012
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