n.
  - a small bag used by a woman to carry everyday personal items.
 - 
(handbags)
 humorous a confrontation that does not lead to serious fighting, especially among soccer players. 
[from the idea of women fighting with their handbags.]
 
v.
 (handbags, handbagging, handbagged)
 humorous (of a woman) verbally attack (someone) in a forceful manner. 
[with ref. to Margaret Thatcher's ministerial style in cabinet meetings.]