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English definition of “purse”

purse

noun [C] (PRIZE)    /pɜːs/ US  /pɝːs/
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.General words for amounts of moneyLarge amounts of moneySmall amounts of money
(Definition of purse noun (PRIZE) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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