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To exchange, barter, or trade, as one thing for another. For two things to switch places or ownership.
Some students swip-swap textbooks with each other at the end of the year to save on buying new ones.
by TheUrbanWordDoctor May 14, 2009
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When a couple exchanges sexual partners with another couple for a limited time period. Usually lasting about 3 strokes.
Hey, did you hear Aaron and Jen like to do the ole swip swap?
by RU1N3R January 22, 2019
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