Wallet

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PURSE

Definition 1:
A usually leather or cloth bag used by women for carrying money and personal things :handbag.

Definition 2:
change purse.

Definition 3:
An amount of money that a person, organization, or government has available to use .

Examples:
Many believe the work should be financed by the public purse. [=should be paid for by the government]
Definition 4:
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) .

Examples:
A golf tournament with a million dollar purse

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