penis swag is when you gain swag by showing people your penis and they think it is outstanding.
Guy1 "hey did you show that girl your penis"
Guy2 " yeah and she liked it"
Guy1 " wow, you got penis swag"
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A stereotypical lesbian that is very cliche and fits all the stereotypes. This term can be applied to men and women to describe their looks and their daily habit. It's basically a bit of banter between friends.
Guy1: ' Hey, what are you doing with your hair'
Guy2: 'Just being a common lesbian'
Guy1:'ok'