Handbags Definition
    interjection
  
 (UK, slang) Said jocularly in response to a particularly derogatory, bitchy or catty dialogue; calm down; cool it.
Person A: Not another cheeseburger, Marcia?
Person B: What's it to you?
Person A: Well, you're fat enough as it is.
Person B: You can talk!
Person C: Ooh - handbags ladies!
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