Some information for me and you to digest. Some of these term are not familiar to ears. So lets get to know them. Have Fun!!!
Some popular shapes:
Tote - An open-top bag with straps or handles.
Hobo bag - A crescent-shaped shoulder bag.
Duffle - Tall shoulderbag, often with a wider opening on top.
Field bag - A flap-top shoulderbag with utility-type closure (buckles, snaps, etc).
Clutch - A small, handheld bag or a larger, geometric shape that is tucked under the arm.
Satchel- A large, handheld bag.
Baguette - Long and rounded shoulder bag resembling the namesake bread.
Messenger - A large, soft shoulder bag with long straps (often worn across the body).
Cigar Box - A small, boxy, hard bag.
Pouch - A soft, small bag.
Kelly bag - A classic Hermes style named after Grace Kelly; a large, structured handbag with distinctive hardware closures
AND whatever the name is !! We still love them, we love handbags.
source from : About.com