* It's a misspelling. Maybe you meant a similar word like "shoebands" which refers to the elastic straps on shoes.
* It's a regional or slang term. It might be a specific word used in a particular community or region.
* It's a made-up word. It's possible the term has been invented for a fictional story, a song, or a specific situation.
To understand the meaning of "shagbands," please provide more context:
* Where did you encounter the word? In a book, a song, a conversation?
* What was the context? What was being said or written about?
* Can you give an example sentence? This will help clarify how the word was being used.
With more information, I can help you figure out the meaning of "shagbands."