The phrase "new wallet" refers to a fresh or recently acquired wallet that someone can use to keep their money, cards, and other personal items organized and secure. Full definition
You can easily create new wallets, backup and restore, as well as perform currency conversions. (pocketmeta.com)
The increase in the number of new wallets and Bitcoin addresses being created is consistently growing, with charts showing (above) address creation now occurring at an exponential rate. (dailybitcoinnews.com)
Like many new wallets it is not so stiff it refuses to fold once you fill it. (amazon.com)