Pronunciation: [bˈaɡɪŋ ɪt] (IPA) 
The phrase "bagging it" is often spelled as "baggin' it" in informal contexts. The apostrophe between "g" and "i" indicates the omission of the letter "g", as the pronunciation of the word changes from /bæɡɪŋ it/ to /bæɡɪn ɪt/. In other words, the word "bagging" is pronounced with a hard "g" sound at the end, while "baggin'" has a softer "n" sound. This difference in pronunciation is reflected in the spelling with an apostrophe.
"Bagging it" is an informal idiom typically used in everyday language to express the act of abandoning or giving up on a particular task, activity, or plan. The phrase is often used to refer to the decision to cease participating or continuing something prematurely.
The term derives its meaning from the imagery of putting an item in a bag, symbolizing the act of forsaking, disregarding, or rejecting the subject at hand. It suggests a deliberate choice to discontinue involvement, recognizing the futility, lack of interest, or importance of pursuing the current course of action.
The phrase can be applied to various situations, such as sports, work, social activities, or personal commitments. For instance, if someone is participating in a game or competition and feels they have little chance of winning or that it no longer holds their interest, they might proclaim, "I'm bagging it," indicating their intention to withdraw from the event.
While the phrase may convey a sense of giving up, it can also imply an individual's judgment or recognition of the situation's lack of potential benefit. Additionally, it can serve as a means to prioritize one's energy and time by redirecting them towards more meaningful or rewarding activities.
Overall, "bagging it" encapsulates the act of voluntarily discontinuing participation or engagement in a specific endeavor, often due to lack of interest, perceived futility, or a change in priorities.
The phrase "bagging it" is an informal idiom that means to allocate or claim something for oneself, to secure or obtain something, or to succeed in achieving something.
The term "bagging" in this context is derived from the verb "bag", which means to put something into a bag or container. "Bag" originated from the Old Norse word "baggi", which referred to a bag or sack made of cloth or leather.
The idiom "bagging it" most likely metaphorically alludes to the action of claiming or obtaining something and then metaphorically putting it into one's personal bag or container for safekeeping or possession. Over time, the term evolved to its present figurative usage.
