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1.
The state or predicament of being thoroughly shit-faced and wasted simultaneously in any given situation.
After a long invigerating evening of alcohol and cannibus consumption Mr. Rogers realized he was quite shwasty indeed.
von Rickey Bobby 18. August 2006
 
2.
adj. to be drunk, i.e. shitted, wasted and toasty.
Dude, Adam fell in the fire last night. Yah, he was shwasty.
von MooneyK 2. Juni 2009
 
3.
drunk with swagger
lets get shwasty this weekend and meet up with some pretty ladies!
von suacyonsundays 26. März 2012