swag

The definition of a swag is something hanging in a curved shape or is slang for money or property that is stolen or taken.

(noun)

An example of swag is a drapery hung in a curve between two points.
An example oif swag is the box of free merchandise given to presenters at the Emmy awards.

See swag in Webster's New World College Dictionary

intransitive verb swagged, swagging

Origin: < or akin to Norw svagga, to sway (in walking), swagger

transitive verb

noun

a swaying or lurching
a valance, garland, chain, etc. hanging decoratively in a loop or curve; festoon
Slang stolen money or property; loot; plunder
Austral.
1. a bundle containing personal belongings, as of an itinerant worker
2. Informal a large number or amount: a swag of essays to mark

See swag in American Heritage Dictionary 4

noun

a. An ornamental drapery or curtain draped in a curve between two points.
b. An ornamental festoon of flowers or fruit.
c. A carving or plaster molding of such an ornament.
Promotional items, especially when given for free, considered as a group.
Slang Stolen property; loot.
Australian The pack or bundle containing the personal belongings of a swagman.
Slang Herbal tea in a plastic sandwich bag sold as marijuana to an unsuspecting customer.