!) Very classy, and/or tasteful
2) Very good weed; Dank (opposite of swag)
I have a swank bag, it's lime coloured with some red in it, and matches my shoes.
av Audi 6 maj 2003
A word used to express how good something looks or is, usually in the context of it bieng funky as well.
Man, that is one swank jacket.
av Penstripe 13 januari 2004
Adv. When something is of nice value and hecka ballin.

Used in modern times to describe a situation involving g-money, or describing an object and/or person of high ballin-a-tude.
Guy #1:You see that guys Ferrari?!
Black Guy #2:yeahhh, it was pretty dang swank.
av Sethfafa 14 oktober 2010
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