adjective
convenient or useful for a particular purpose; easily accessible
adverb
in a clever or skillful way; with ease or dexterity
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Having a multi-tool with various functions can be very handy in emergency situations.
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I always keep a Swiss army knife handy in my backpack just in case.
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I'm so glad I had my phone handy to capture that hilarious moment.
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His ability to stay calm under pressure is a handy skill to have in this line of work.