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a) An insult used out of sheer frustration,
b) An insult used to someone who possesses a ridiculous haircut.
c) An insult which is used when someone cannot stop holding their hair.
a) James: "Why aren't you using DIV tags?"
John: "Why don't you get a real haircut you handbag?"

b) John: "Nice haircut, handbag!"

c) James: "Oh, I just love stroking my hair all day!"
John: "Stop holding your hair you fucking handbag!"
Handbag by ElJManious May 26, 2009
The place where's she's hiding that piece that she's going use to bust a cap in you for forgetting her birthday.
Shit! She's reaching into her handbag, my ass is grass for sure.
handbag by Joshua2345 May 12, 2008
The same as saying "BURN" or "Zing!" after someone has a good come back or joke at anothers expense.

It is usually followed by a gesture of slamming your two fists together so they look like you're holding a little handbag.
"Doesn't this dress look nice on me?"
"If by nice you mean really really ugly"

"oooooh Handbag!"
handbag by Julia Callahan August 26, 2004
A wepon u beat men with.A woman's best friend. You can pick how it looks like. You can hide stuff you don't want anyone to see .
I killed a man with a handbag today.
Handbag by No one to c April 17, 2017
When you like a girl but she doesn't know it and your in the friendzone. She confides in you. You hang out. Party. You're an accessory.
I liked the girl and we hung out a lot but I was always her handbag when we'd go out and she'd talk about other guys. She didn't know I was into her though, I kept it platonic.
Handbag by Lilbeau July 29, 2017

Handbag Beers 

The beers a lady (or gent) stows in their handbag. Usually in preparation for a quick 'pop in' visit to a friend or can be perfect as roadies for a longer trip. The handbag beer is generally insulated by the handbag and the handbag contents and is designed to be drunk within the hour. A classy lady (or gent) always comes prepared! Originated in Darwin in the Northern Territory.
"All good Beryl, I can stop for a couple... I bought a few 'handbag beers' just in case" or " Gee this traffic is pretty average, never fear I brought me some 'handbag beers'."
Handbag Beers by YV3773 August 18, 2019