What is the meaning of Handbag?

A small bag carried in the hand, used either when travelling or to carry tools for a specific job.

A small bag used chiefly by women for carrying various small personal items, sometimes considered as a fashion accessory.

Ellipsis of handbag house.

To attack verbally or subject to criticism .

handbag; purse (small bag carried in the hand)

Source: wiktionary.org