Merriam-Webster, schmerriam-webster.

Rent - A chunk of change forked over monthly for one’s digs; roughly equivalent to the amount most designers charge for a purse.

IIIBeca - A new line of leather handbags by Joy Gryson priced so you may afford the above. The simple, rectangular totes, flap messengers, and double-strapped satchels are surprisingly lightweight and lined with removable nylon knapsacks.

Conundrum - An experience related to picking which rich color you want. Go bright with orange, crimson, green, or blue (clean lines make them less outrageous) or classic with mustard, brown, tan, or black.

Home - Where Gryson keeps it close. Bags are named for Tribeca streets (Chambers, Duane, North Moore); 3 percent of wholesale proceeds go to NYC nonprofits.

Party - This week’s tequila-soaked affair to celebrate the line’s launch. You’ll want to join.

Available at iiibeca.com or scoopnyc.com, $98-$198. Party, Wednesday, 6-8 p.m., at Scoop NYC, 861 Washington Street, between West 13th and 14th Streets (212-691-1905). R.S.V.P. to iiibeca@kruppgroup.com.

Photo: Courtesy of IIIBeca