1. (US campus) a wild guess, used to answer homework or examination questions.
|College Sl. Dict. [Internet] SWAG [Purdue] answer to homework or exam question usually written down minutes before it is due (orig. Scientific Wild Ass Guess).|
2. (US) gossip, popular lore.
|Running the Books 108: Every piece of prison swag I’d heard suddenly swirled into my head.|