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1.
The common mis-spelling of a french bread called a Baguette.
No Cristin, bagget it not a word. However there will be Baguettes being served.
by bread specialist January 02, 2011
 
2.
derived from a small group people in the late 90's. Meaining is somewhat mysterious and evolved to basically become its own jibberish language, mostly revolving around insulting people awho can't bag, and colloborating with others who can

Abbreviated to Bag
He got bagged! (Insult.. nad possibly injury!)

Chester and myself were doing bags all night
by Colzee March 10, 2005
 
3.
your testicles
my baggets were getting touched by your mother last night.
by joey platinum March 13, 2003