A sex act between two dudes wearing pants, where they insert their penises through each others' fly holes, and then reach down their own pants and jerk the other man to completion.
Yo, Jeff, did we do a Swedish Swap Meat last night? Cause my pants are full of your jizz. Go with Christ.
A place for like-minded individuals to greet and meet. Establishing connections for great friendships, and possibly sexual encounters either on the spot or at later times.
-We gonna see you at the swapmeet this Saturday night?
-Oh yeah! My wife's been begging me to take her to one. I guess she wants to see what "The Lifestyle" is all about.