Port*fol"io (?), n. [F. portefeuille; porter to carry + feuille a leaf. See Port to carry, and Folio.]
1.
A portable case for holding loose papers, prints, drawings, etc.
2.
Hence: The office and functions of a minister of state or member of the cabinet; as, to receive the portfolio of war; to resign the portfolio.
© Webster 1913.