purse Definition in Cambridge British English Dictionary
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Definition of "purse" - British English Dictionary

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pursenoun

uk   /pɜːs/  us   /pɝːs/

purse noun (CONTAINER)

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

purseverb [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)
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