Definition, Meaning & Synonyms

bagman

noun

/ˈbæɡ.mən/

Definition

A person who carries or delivers money, especially in a covert or illegal manner.

Examples

The police arrested the bagman who was transporting large sums of money for the syndicate.
During the investigation, they discovered he had been acting as a bagman for the corrupt officials.
She was often referred to as the bagman for her ability to raise funds efficiently.

Meaning

In informal contexts, a bagman often refers to someone who is involved in illicit activities or organized crime, acting as a courier for cash or valuables. The term can also apply to individuals tasked with collecting money for political or fundraising purposes.