Street
bagman
What does bagman mean?
A bagman collects and transports money for a racket, such as extortion payments, bribes, or gambling proceeds.
"The bagman made his rounds every Friday, coat pockets bulging."
Origin
American underworld slang, 20th century.
Frequently asked questions
What is a bagman?
A bagman is someone who collects and transports illicit money for a racket, such as extortion payments, bribes, or gambling proceeds.
Where does 'bagman' come from?
It is 20th-century American underworld slang, referring to the person who literally carried the bag of money.
Is a bagman a leader in a criminal operation?
No. A bagman is typically a functionary who handles money collection and delivery, not a boss.
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