Named after Ambrose Swasey - American inventor (1846-1937).
Swasey is a small lunar crater that lies along the eastern limb. It lies near the southeastern edge of the Mare Smythii, to the west of the walled plain Hirayama. About one crater diameter to the northeast is Hume, and to the southwest is the merged crater pair of Kao and Helmert. The outer rim of this crater is roughly circular, and a small crater overlies the northwestern side. (wikipedia entry)
A crater is a circular depression likely created by an impact event. On the Moon they are named after deceased scientists, polar explorers, astronauts or cosmonauts.