noun British Slang.
nonsense; rubbish.

1960–65; origin obscure Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
codswallop (ˈkɒdzˌwɒləp)
slang (Brit) nonsense
[C20: of unknown origin]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

said to be from 19c. (but first attested 1963), perhaps from wallop, British slang for "beer," and cod in one of its various senses, perhaps "testicles."
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
It seems pretty certain that the chiropractic notion of subluxations causing problems or disease is a load of codswallop.
By the way as far as stifling innovation, what a load of codswallop.
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