Definition of purse noun from the Oxford Advanced American Dictionary

     

    purse

     noun
    noun
    NAmE//pərs//
     
     
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  1. 1(also handbag, pocketbook) [countable] a small bag for money, keys, etc., carried especially by women
  2. 2 [countable] = change purse
  3. 3 [singular] the amount of money that is available to a person, an organization, or a government to spend We have vacations to suit every purse.
  4. 4 [countable] (sport) a sum of money given as a prize in a sports event such as a boxing match or horse race
  5. Idioms
    make a silk purse out of a sow's ear
     
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    to succeed in making something good out of material that does not seem very good at all
See the Oxford Advanced Learner's Dictionary entry: purse