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bagwoman

[bag-woo m-uh n]
noun, plural bag·wom·en.
  1. a woman who collects, carries, or distributes illegal payoff money.
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Origin of bagwoman

First recorded in 1970–75; bag + -woman
Also called bag lady.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018