Bags

Noun / UK Slang

Bags refers to large amounts of money, often specifically used to denote thousands of pounds. One bag equals £1000, and multiple bags represent multiples of £1000.

Example: “He’s making bags with his new business”
Means: “He’s earning a lot of money with his new business.”

Example: “She spent two bags on that car”
Means: “She spent £2000 on that car.”