Definition of "Purse" :

noun: a container used for carrying money and small personal items or accessories (especially by women)

noun: a small bag for carrying money

noun: a sum of money offered as a prize

"The purse barely covered the winner's expenses."

noun: a sum of money spoken of as the contents of a money purse

"He made the contribution out of his own purse."

verb: contract one's lips into a rounded shape

verb: gather or contract into wrinkles or folds; pucker

"Purse ones's lips."