A female who is very sexually active with males and females. She typically refuses to use protection, and usually will have some sort of STD. If a girl ever says Swead, it usually means that she is a sweas, regardless if she is talking about someone else.
It is usually used for trash talking between two males.
Person A: "I was getting Hella bitches at that party last night!"
Person B: "you mean you were getting Hella sweads last night!"
Person A: "Man fuck you!"
Girl: "did someone say sweads?"
Person B: "Oh I see, you were with this swead!"
Person A: "fuck off! "
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