WordReference Random House Unabridged Dictionary of American English © 2017
swag1 (swag),USA pronunciation  n., v.,  swagged, swag•ging. 

n. 
  1. a suspended wreath, garland, drapery, or the like, fastened up at or near each end and hanging down in the middle;
    festoon.
  2. a wreath, spray, or cluster of foliage, flowers, or fruit.
  3. a festoon, esp. one very heavy toward the center.
  4. a swale.
  5. a swaying or lurching movement.

v.i. 
  1. to move heavily or unsteadily from side to side or up and down;
    sway.
  2. to hang loosely and heavily;
    sink down.

v.t. 
  1. to cause to sway, sink, or sag.
  2. to hang or adorn with swags.
  • Scandinavian; compare Norwegian svaga, svagga to sway, rock
  • perh. 1520–30

swag2 (swag),USA pronunciation  n., v.,  swagged, swag•ging. 

n. 
  1. Slang Terms
    • plunder;
      booty.
    • money;
      valuables.
  2. British Terms[Australian.]a traveler's bundle containing personal belongings, cooking utensils, food, or the like.

v.i. 
  1. British Terms[Australian.]to travel about carrying one's bundle of personal belongings.
  • special uses of swag1 1860–65


Collins Concise English Dictionary © HarperCollins Publishers::

swag /swæɡ/ n
  1. slang property obtained by theft or other illicit means
  2. slang goods; valuables
  3. an ornamental festoon of fruit, flowers, or drapery or a representation of this
  4. a swaying movement; lurch
  5. swags ofAustral NZ informal lots of
vb (swags, swagging, swagged)
  1. chiefly Brit to lurch or sag or cause to lurch or sag
  2. (transitive) to adorn or arrange with swags
Etymology: 17th Century: perhaps of Scandinavian origin; compare Norwegian svagga to sway



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