noun
    
    plural purses
    
    [count] a US :a usually leather or cloth bag used by women for carrying money and personal things :handbag
    
    b chiefly Brit :change purse
    
    [singular] :an amount of money that a person, organization, or government has available to use
    
    
    
    [count] :an amount of money that is offered as a prize in a competition (such as a horse race, a golf tournament, or a boxing match)
    
    
    
    purse strings
    
    A person, organization, or government that holds/controls the purse strings makes the decisions about how money is spent.
    
    
    
    
    
    
    
    verb
    
    purses; pursed; pursing
    
    [+ obj] :to form (your lips) into a tight circle or line