noun Street Slang

bagman

BAG-man · noun · slang

One who collects or carries illicit money for a criminal operation.

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Definitions

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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.”
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bagman In A Sentence

The bagman made his rounds every Friday, coat pockets bulging.

Origin & Usage

American underworld slang, 20th century.

Variants bag manbagmen

People Also Ask

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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