a noun originating from the term used to describe low grade marijuana. now, it is the name of new trier's finest and has evolved from just a name to a way of life known as "schwagenomics"
can also be used to describe a unique situation
1."Damnit, Schwag! Did you eat my food again?"
2."Schwag, did you take something that doesn't belong to you?"
3."That's a very schwag thing of you to do"
4."All you do is play solitaire and smoke schwaggy schwag, schwag"
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