The noun purse has 4 senses (first 3 from tagged texts)
1. (5) bag, handbag, pocketbook, 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")
2. (1) purse -- (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")
3. (1) purse -- (a small bag for carrying money)
4. purse -- (a sum of money offered as a prize; "the purse barely covered the winner's expenses")
Overview of verb purse
The verb purse has 2 senses (first 1 from tagged texts)
1. (2) purse -- (contract one's lips into a rounded shape)
2. purse, wrinkle -- (gather or contract into wrinkles or folds; pucker; "purse ones's lips")