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What is lagan?

What is lagan? Here are some definitions.

Noun
  1. (law) Goods or materials found or left on the sea floor, attached to a floating marker that indicates ownership.
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In the Lagan Valley the boulder clay is often covered by later glacial deposits.
In the United Kingdom under the Merchant Shipping Act 1995, jetsam, flotsam, lagan and all other cargo and wreckage remain the property of their original owners.
Ligan or lagan are goods left in the sea on the wreck or tied to a buoy so that they can be recovered later by the owners.
These rocks also occur beneath the Lagan Valley and the line of mountains forming the Antrim hills.
The River Lagan, which flows into it, was also historically known as the Lao.
In recent years, Laganside Corporation has transformed the inner core of Belfast city centre, specifically along the Lagan river and in the surrounding area.

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