An archaic or dialectal variant spelling of 'bag,' a container for holding items.
Middle English spelling variant of 'bag,' from Old Norse 'baggi.' Archaic spellings like this persisted in regional dialects throughout England.
Middle English was spelling chaos—the same word could be written five different ways depending on the scribe's regional accent and personal preference. 'Bagge,' 'bagge,' 'bagg,' and 'bag' all appeared in the same documents, which is why Shakespeare's contemporaries thought spelling was absolutely unimportant.
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