The term 'handbag holder' can be summarized as an item with a STRAP that is used to carry a handbag. The crossword solution for this term is 'STRAP', which is a five-letter word. A STRAP is a long, thin piece of material that is used to secure or fasten something, such as a handbag. Straps are often made of leather, fabric, or metal and can be adjustable or non-adjustable. Handbag holders typically have a STRAP that is used to carry the bag over the shoulder or across the body.