ANSWERS: 3
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Swag is/was slang for stolen property/loot. Robbers would have 'swag' or stolen loot. most likely cartoons, artistic renderings and Hollywood have adopted the use of labeling bags as 'swag' to enforce the fact that this is stolen property in the bag. In some places in the modern USA swag is slang for material 'stuff': http://onlineslangdictionary.com/definition+of/swag
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stolen wealth and goods:)
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stolen goods. "arr, me hulls be full o swag"
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