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!"
by Julia Callahan August 26, 2004
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Mainly British. A pointless and worthless argument, deriving from the image of old ladies having a handbag (purse) fight at the bus stop.
"Oh, put your handbags away".
by Ulukai December 16, 2003
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The fine art of taking a Dump in someone's handbag without them knowing. A great way to impress your dissatisfaction with someone for leaving their handbag somewhere accessible. Not advisable on first dates or when taking elderly relatives to dinner.
Handbagging is often preformed on a night out when a really annoying girl (or guy (doesn't even have to be annoying (just has to have a handbag))) and you get the opportunity to grab a handbag on the way to the bathroom or anywhere else you are comfortable doing 'the deed'. Not being caught is usually advisable.
Also good for a competitive game with mates seeing who can get the most or the best bag!
by Gymsox May 19, 2011
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A boyfriend or girlfriend who is clingy or possessive or follows their boyfriend/girlfriend around all the time (including those that constantly text to 'see what you are up to' in other words check up on you)
"Steven follows me around all the time but seriously, I have a handbag and I don't need any more accessories" Said Kylie.
"I can see how this is going to go" replied Sara "He's a total handbag"
by Sofaqueen March 2, 2008
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Being accused of racism while providing customer service to a diva celebrity who is shopping for outrageously expensive fashion accessories.
The American Queen of TV handbagged a small European country (known for its neutrality) to sell her new movie about the unfairness of racism in the U.S.A.
by ToFra August 18, 2013
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Derives from trying to type "Hahaha" with Swype on a touchscreen smart phone. The term is flexible and can be appended with other additions, such as "holy handbags" or "Oh my handbags."
Holy handbags, I just saw a homeless dude chug a whole bottle of MD 20/20, then grab his junk.
by Scooteronomy December 3, 2010
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