What's said when claiming many lands (4)

I believe the answer is:

bags

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'lands' is the definition.
Although both the answer and definition are verbs in their -s form, I don't see how one could define the other.

I don't understand the remainder of the clue.

Can you help me to learn more?

(Other definitions for bags that I've seen before include "things" , "Criticises" , "Childishly claims" , "Trousers (inf.); receptacles for carrying" , "Containers for carrying, informally plenty" .)

I've seen this clue in The Times.

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