Definitions by MisterDave

Asian Handbag 

When a person pays a substantial amount of money for a prostitute only to find that she is actually a transvestite. This is in reference to purchasing an allegedly authentic handbag and discovering it is an Asian counterfeit.

When Curt went to Vegas on business he paid mad coin for an exotic hooker but wound up with an Asian Handbag.

Asian Handbag by MisterDave June 25, 2009