Quote:
Originally Posted by Bilbo1967
I guess 'billfold' must be a US term as it would not be generally understood in the UK but that sounds like what I'm talking about, yes.
Pocketbook is a really confusing name. It's neither a book nor will it fit in a pocket! 
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I think the actual term billfold might also be generational. I never really understood pocketbook either. I wonder if it is a leftover from when women's dresses had slits in the sides and you would have strapped on "pockets" underneath?