swag

Concise Oxford English Dictionary © 2008 Oxford University Press:
swag/swaɡ/

▶noun

• 1 an ornamental festoon of flowers, fruit, and greenery.

  ■ a curtain or drape fastened to hang in a drooping curve.

• 2 informal money or goods taken by a thief or burglar.

• 3 Austral./NZ a traveller's or miner's bundle of personal belongings.

• 4 Austral./NZ informal a large number or amount.

▶verb (swags, swagging, swagged)

• 1 arrange in or decorate with swags.

• 2 Austral./NZ travel with a swag of belongings.

• 3 chiefly literary hang or sway heavily.

– origin ME (in the sense ‘bulging bag’): prob. of Scand. origin.