Slang term used when talking street/hood. Often used to represent an abundance of wealth, shiny expensive objects & high status quo.
In pop culture this word is found to have been popularized by hip-hop/rap group called Migos as part of their ad libs.
Austin: Man, Danny got that new 488 Italia Ferrari, 2022 Rolls Royce Cullinan & 992 Porsche.
James: yeah bro, he got the big bag. Dogecoin to the moon I guess.
Austin: I know! I seen his girl with that birkin bag too. Thatâs how you KNOW he got the big bag.
Brad: Cap, I know his Dad got that long money from their farmland.
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