n. a tramp. : Two old bagmen wandered slowly down the lane.
n. a drug dealer. (Drugs.) : Sam was a bagman for a well-known dealer for a while.
n. any racketeer. : Some bagman from the mob was pulled out of the river yesterday.
Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition. Copyright 2007. Published by McGraw Hill.
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