bagman

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(băg'mən) pronunciation
n.
  1. Slang. A person who collects money, as for racketeers.
  2. Chiefly British. A traveling salesman.

noun
noun, orig and mainly US

One who collects or administers the collection of money obtained by racketeering and other dishonest means. (1928 —) .
National Times (Australia): The money is always paid in cash, by personal contact in a pub or a car. The police 'bag man' will call once a month to collect (1973).

[From the bag supposedly carried to hold the money collected; cf. the earlier sense, a commercial traveller.]


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