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Billfold vs. Wallet: What's the Difference?

Billfold and Wallet Definitions

Billfold

A folding pocket-sized case for carrying paper money, small personal documents, and sometimes change.

Wallet

A flat pocket-sized folding case, usually made of leather, for holding paper money, cards, or photographs; a billfold.

Billfold

A small, folding sleeve or case designed to hold paper currency, as well as credit cards, pictures, etc.
Bill had so many pictures of his family stuffed into his billfold that it barely fit into his pocket.

Wallet

A small case, often flat and often made of leather, for keeping money (especially paper money), credit cards, etc.
The thief stole all the money and credit cards out of the old man's wallet.

Billfold

A small, thin, flat container, usually made of leather or imitation leather, having a pocket of a size just large enough to hold paper currency and folded over once to fit in the pocket of one's clothing; it is a type of wallet, but having fewer compartments than the typical wallet.
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Wallet

A person's bank account or assets.
It's unknown if the pro running back's recent sex scandal will hit him in the wallet or not.

Billfold

A pocket-size case for holding papers and paper money

Wallet

An e-wallet or digital wallet.

Wallet

A thick case or folder with plastic sleeves in which compact discs may be stored.
I won an auction online for a cheap CD wallet.

Wallet

(archaic) A bag or pouch.
He brought with him a large wallet with some provisions for the road.
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Wallet

(slang) A person's buttocks (the area of the body nearest where one keeps one's wallet).
He fell down and landed on his wallet.

Wallet

A bag or sack for carrying about the person, as a bag for carrying the necessaries for a journey; a knapsack; a beggar's receptacle for charity; a peddler's pack.
[His hood] was trussed up in his walet.

Wallet

A pocketbook for keeping money about the person.

Wallet

Anything protuberant and swagging.

Wallet

A pocket-size case for holding papers and paper money
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