Reminiscent of the 1980s discos, a group, usually females, placing their handbags on the floor in a disco and dancing round them in a circle waiting for something to happen, with no plan other to dance until something happens, or more likely someone askes them to dance.
It was the two hours since the meeting started and no progress had been made and the chairmen said we needed to stop dancing round handbags and make a decision.
by Jebelhasher May 10, 2022
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To open ones bowels, take a dump etc,
Eg Im just off to empty my handbag (and goes to toilet)
by Bunny Boiler September 26, 2006
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A comeback like your mom, but with the added phrase "and a hand bag."
joe: hey man what you doing tonight?
tom:your mom and a handbag
by copoc October 15, 2006
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Someone that far too heavily advertises the fact they are homosexual. Overly flamboyant.
"I love that guy. He's as gay as a handbag full of rainbows."
by Alex_2525 June 30, 2006
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Slang term for Dimesmeric Antiphosphate, a narcotic frequently known as cake.
"Yo, booyashaka! Just scored a lid of Thora Hird's Magic Handbag! Sorted!"
by D F Stuckey April 14, 2004
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There is a very slim possibility the task you would like to perform, will be completed satisfactory.
"Breeding Mongolian Traffic wardens with a hybrid Bagder to create a kung fu red blooded super race?!" -

"You got more chance of shitting in the queens handbag!"
by Professional Biscuit Thief December 10, 2009
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