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English definition of “purse”

purse

noun uk   /pɜːs/ us    /pɝːs/

purse noun (CONTAINER)

A2 [C] UK a small container for money, usually used by a woman: a leather purse
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[C] US for handbag

purse noun (AMOUNT TO SPEND)

[C usually singular] the total amount of money that an organization or government has available for spending: Having a lot of people out of work places a large drain on the public purse.

purse noun (PRIZE)

[C] an amount of money that is offered as a prize in a sports competition: The players in the golf tournament are competing for a purse of £525,000.

purse

verb [T] uk   /pɜːs/ us    /pɝːs/
to bring your lips tightly together so that they form a rounded shape, usually as an expression of disapproval: "I don't approve of that kind of language," she said, pursing her lips.
(Definition of purse from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
What is the pronunciation of purse?
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