bagman Meaning and Definition
1. n. a racketeer assigned to collect or distribute payoff money
2. n. a salesman who travels to call on customers
A bagman (or bag man) is a person designated to collect or distribute illicitly gained money ("dirty money"), such as bribes to public officials or money that is collected in a criminal enterprise, such as a "protection racket" or in the running of a numbers racket.
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