1 N-UNCOUNT 盗窃物;赃款;赃物 Swag is stolen goods, or money obtained illegally. 盗窃物;赃款;赃物 [informal, old-fashioned]

2 N-COUNT (挂在窗户上的)窗饰 A swag is a piece of material that is put above a window and hangs down in a decorative way. (挂在窗户上的)窗饰