It-bag Definition
    noun
  
 (colloquial, 1990s-2000s) A kind of expensive designer handbag that is a must-have for fashionable people.
Wiktionary 
Other Word Forms of It-bag
Noun
Singular:
 it-bagPlural:
 it-bagsOrigin of It-bag
- Compare It girl. - From Wiktionary 
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