* Adjective: Meaning "excellent" or "very good" (often used in a playful or informal way). This meaning dates back to the 19th century. Example: "That party was swell!"
* Noun: A wave, especially a large one, in the ocean. This meaning is older and dates back to the 16th century. Example: "The surfers rode the swell."
* Verb: To become larger or increase in size, usually in a pleasing way. Example: "The bread dough is swelling nicely."
While "swell" is sometimes used in a slangy way, it's a legitimate word with a history and established meanings.