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purse

purse [ purss ]


noun  (plural purs·es)
Definition:
 
1. woman's bag for carrying everyday belongings: a bag that a woman or girl carries small personal day-to-day belongings in, such as keys, a wallet, a datebook, and pens

2. U.K. 
Same as  change purse


3. prize money: a sum of money collected as a gift or offered as a prize, especially the total sum of money offered in prizes
with a purse of over $20,000

4. available funds: an amount of money available to spend
The legislators overestimated the size of the public purse.



transitive verb  (past and past participle pursed, present participle purs·ing, 3rd person present singular purs·es)
Definition:
 
draw lips together at sides: to draw the lips together at the sides so that they wrinkle and form a circle, usually when deep in thought or to express disapproval

[13th century. Alteration of late Latin bursa< Greek, "hide, leather"]

you can't make a silk purse out of a sow's ear used to emphasize the impossibility of making something of superior quality from inferior materials or beginnings

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