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Definition 1:
A usually leather or cloth bag used by women for carrying money and personal things :handbag.
Definition 2:
change purse.
Definition 3:
An amount of money that a person, organization, or government has available to use .
Examples:
Many believe the work should be financed by the public purse. [=should be paid for by the government]
Definition 4:
An amount of money that is offered as a prize in a competition (such as a horse race, a golf tournament, or a boxing match) .
Examples:
A golf tournament with a million dollar purse
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