purse Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "purse" - Business English Dictionary

See all translations

purse

noun [C]
 
 
/pɜːs/ FINANCE
[usually singular] the total amount of money that a person, organization, or government has available to spend: Having a lot of people out of work places a large drain on the public purse. The motor company sought to sell 'a car for every purse'.
an amount of money that is offered as a prize in a sports competition: The sponsorship deal includes a €10,000 purse for the winner of the tournament. →  See also electronic purse
hold/control the purse strings to be in charge of a family's or organization's money and responsible for deciding what it will be spent on: She is the typical Japanese housewife who controls the family's purse strings.
loosen the purse strings to spend more money or to allow people to have or spend more money: He might even persuade the board to loosen the purse strings.
tighten the purse strings to spend less money or to allow people to have or spend less money: When a company needs to tighten the purse strings, outside labor is the first to get cut.
(Definition of purse from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of purse?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “purse”

Definitions of “purse” in other dictionaries

Word of the Day
follow

If you follow a particular person on Twitter� (= a website where people can publish short remarks or pieces of information), you choose to see the messages that that person posts (= publishes) on the website.

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More