Though purses are mostly carried by women, this is the kind of purse anyone would love to bring home: it's a prize, usually consisting of money.

The most common meaning of purse, as a woman's bag, can definitely help you remember the "prize" meaning of purse, because a woman who won a purse could carry her winnings in a purse. The non-bag type of purse is usually associated with sporting events: boxers and jockeys win purses. Other times, purse is used to describe money won in another context, like a photography contest. Another meaning is totally different: if you pucker or contract your lips, you're pursing them.

Definitions of purse
  1. noun
    a container used for carrying money and small personal items or accessories (especially by women)
    synonyms: bag, handbag, pocketbook
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    clutch, clutch bag
    a woman's strapless purse that is carried in the hand
    small ornamental ladies' bag for small articles
    evening bag
    a handbag used with evening wear
    a woman's drawstring handbag; usually made of net or beading or brocade; used in 18th and 19th centuries
    shoulder bag
    a large handbag that can be carried by a strap looped over the shoulder
    type of:
    any object that can be used to hold things (especially a large metal boxlike object of standardized dimensions that can be loaded from one form of transport to another)
  2. noun
    a small bag for carrying money
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    type of:
    a flexible container with a single opening
  3. noun
    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
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    type of:
    amount, amount of money, sum, sum of money
    a quantity of money
  4. noun
    a sum of money offered as a prize
    “the purse barely covered the winner's expenses”
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    type of:
    amount, amount of money, sum, sum of money
    a quantity of money
  5. verb
    contract one's lips into a rounded shape
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    pooch, pooch out
    round one's lips as if intending to kiss
    type of:
    round, round off, round out
    make round
  6. verb
    gather or contract into wrinkles or folds; pucker
    purse ones's lips”
    synonyms: wrinkle
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    type of:
    make smaller
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