Meaning of baggies

bag•gies

Pronunciation: (bag'ēz), [key]
— n. (used with a pl. v.)
  1. loose-fitting swimming trunks, often with a drawstring at the waist, esp. as worn by surfers.
  2. loose-fitting slacks, esp. women's slacks gathered at the waist and tapering toward the ankles.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.