swag 1
/swag/ , n. , v. , swagged, swagging .
n.
1. a suspended wreath, garland, drapery, or the like, fastened up at or near each end and hanging down in the middle; festoon.
2. a wreath, spray, or cluster of foliage, flowers, or fruit.
3. a festoon, esp. one very heavy toward the center.
4. a swale.
5. a swaying or lurching movement.
v.i.
6. to move heavily or unsteadily from side to side or up and down; sway.
7. to hang loosely and heavily; sink down.
v.t.
8. to cause to sway, sink, or sag.
9. to hang or adorn with swags.
[ 1520-30; perh. svaga, svagga to sway, rock ]
swag 2
/swag/ , n. , v. , swagged, swagging .
n.
1. Slang.
a. plunder; booty.
b. money; valuables.
2. Australian. a traveler's bundle containing personal belongings, cooking utensils, food, or the like.
v.i.
3. Australian. to travel about carrying one's bundle of personal belongings.
[ 1860-65; special uses of SWAG 1 ]