I've missed the 4:06 bus. I see that I can catch the 4:33. I will only be a little bit late for whatever I'm going to. I'm standing in an open-air mall. There's a rack containing a product that looks like a small accordian folder. I work out that it's intended to be a wallet. Also, depending on how you fold it, it can have different outer surfaces--different colors, suede, different designs.
An accordion folder contains an accordion. But if you work (out), what was really there (wallet) can get filled too.