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baby's handbag 

A slang term for the placenta, sometimes used by midwives.
Midwife: Well done, you have a beautiful baby girl, now lets get her handbag.
Mother: Pardon? What?
Midwife: Oh I'm sorry love, the placenta, I believe baby's handbag sounds a lot nicer that 'afterbirth' or 'placenta'.

I have everything in my handbag to keep me happy and contented, and that's what she's had to keep her happy and
contented for 9 months.
baby's handbag by foxyleelou November 27, 2013
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Victorian Handbag 

Victorian Handbag
1.Whilst having sex, the vagina is clenched shut so as to not permit entry or re-entry into said vagina.
2. Allowing someone to finger your vagina but not allowing them to penetrate you with their penis
Dude, I thought I was going to go all the way with Sarah last night but she kept pulling the Victorian Handbag on me!
Victorian Handbag by SexSexSexSex! September 6, 2010

Mississippi Handbag 

a men sticks his nuts, (balls) under a women's armpit.
Mississippi Handbag term was used in Fan Boys the movie 2009

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

batchelors handbag 

A BBQ chicken usually bought from woolies or Coles
Macca was starving at smoko so he went to woolies and got a batchelors handbag

gins handbag 

A wine cask carried by an Australian aboriginal woman.
"Hey cooda,mortons wife is carrying her gins handbag with her down to the park"
gins handbag by opiumtrail October 2, 2007

Poop in a Handbag 

Used as the cleaner version of. Sh*t! F*ck! ETC. Generally while something you did not want to occur, ended up happening.
Occasionally the equivalent to FML.
*Person Playing Video Game*
Game: Killed By YoMama123

Person: Poop in a Handbag!