A playful term used for a purse, bag, or satchel carried by a man which gives him the appearance of being gay.
Aaron: Hey, check out my new bag. The pleather shoulder strap makes it so comfortable to wear, and it goes with everything.
Levi: What bag? Oh, you mean that Homo Satchel! Do you use that to carry your tampons in?...Faggot
Levi: What bag? Oh, you mean that Homo Satchel! Do you use that to carry your tampons in?...Faggot
by Dirty Rogue October 21, 2009
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