ˈlagən noun
also lag·end -nd ; or lag·on -n ; or li·gan or li·gen ˈlīgən ; or lo·gan ˈlōg-
( -s )
Etymology: Middle French lagan, lagand, or Medieval Latin laganum debris washed up from the sea, the right to possess such debris, probably of Germanic origin; akin to Old Norse lög law — more at law
: goods thrown into the sea with a buoy attached in order that they may be found again — distinguished especially in law from flotsam and jetsam