Definition of purse:
a container used for carrying money and small personal items or accessories (especially by women); "she reached into her bag and found a comb"
a sum of money spoken of as the contents of a money purse; "he made the contribution out of his own purse"; "he and his wife shared a common purse"
a small bag for carrying money
a sum of money offered as a prize; "the purse barely covered the winner's expenses"
contract one's lips into a rounded shape
gather or contract into wrinkles or folds; pucker; "purse ones's lips"