Definition: (mainly Commonwealth) A small bag used by women (or sometimes by men) for carrying various small personal items.
Alright class, settle down now, let’s take a look and see, At the word “handbags,” a simple plea! The dictionary tells us, clear as can be, It's a little bag, you agree? (Rhyme!) "Mainly Commonwealth," that's a helpful clue, For ladies – and sometimes men too! They carry treasures small, it’s true, Like lipstick bright or something new. Personal items, neat and tight, Held safely within, with all their might. So “handbags” means just what you find, A little bag for carrying your mind... (And everything else, of course, you see!) Do you have any questions, dear students bright?