In context|countable|lang=en terms the difference between swag and swipe
is that
swag is (countable) the booty of a burglar or thief; a boodle while
swipe is (countable) a strong blow given with a sweeping motion, as with a bat or club.
In context|uncountable|lang=en terms the difference between swag and swipe
is that
swag is (uncountable) handouts, freebies, or giveaways, such as those handed out at conventions while
swipe is (uncountable) poor, weak beer; small beer.
As verbs the difference between swag and swipe
is that
swag is (intransitive|and|transitive) to sway; to cause to sway or
swag can be (australia) to travel on foot carrying a
swag (possessions tied in a blanket) while
swipe is to steal or snatch.
As nouns the difference between swag and swipe
is that
swag is a loop of draped fabric or
swag can be (slang) style; fashionable appearance or manner or
swag can be (countable) the booty of a burglar or thief; a boodle or
swag can be ; a wild guess or ballpark estimate while
swipe is (countable) a quick grab, bat, or other motion with the hand or paw; a sweep.