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Swag

Luggage, knapsack, a bundle; also food carried about one. Swag-shop, a store of minor, or cheap-priced goods. (Scotch, sweg.)

“[Palliser] began to retrace the way by which he had fled and, descending carefully to the spot where he had thrown off his swag, found it as he had left it.” —Watson: The Web of the Spider. chap. v.

Swag

Plenty. Rhyming slang: A bag-full means plenty, and by omitting full, “bag” remains to rhyme with swag. (See Chivy.)

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
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