A handbag can refer to (commonly in American English) as a small bag as described below, or, (commonly in British English and in the Commonwealth) it can refer to a small money container similar to a wallet, but typically used by women and including a compartment for coins.

The bag, known as a handbag in British English, is a small and often fashionably-designed, and is used to hold a number of items such as a wallet, keys, tissues, makeup, a hairbrush, pepper spray, and/or a gun.

Purses were carried by men in Biblical times over 2000 years ago (Mark 6:8 "And Jesus of Nazareth commanded them that they should take nothing for their journey, save a staff only; no scrip, no bread, no money in [their] purse:").

Purses were apparently first developed in France in their modern form. They are usually carried by most women, though men sometimes carry one as a smaller alternative to a backpack; such a purse is sometimes self-consciously termed a "murse" (a portmanteau for a "man purse").

Coin purses are small purses, just large enough to hold money and credit cards.

A medium-to-small-sized purse with a short handle, designed to be carried (clutched) in one's hand is often called a clutch.

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