Meaning & use

the purse

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UK/ðə pɜːs/
US/ðə pɝːs/

Meanings

  1. phrasefixed phrasesport

    The total amount of money offered as a prize in a competition or as payment for a fight.

    Grammar: Used with 'the' and often followed by 'for' or 'of': the purse for the winner.

    Patterns

    • the purse for something
    • the purse of a competition

    The purse for this year's marathon is over one million dollars.

    Both boxers will split the purse equally after the fight.

    The golf tournament has the largest purse on the tour.

  2. phrasefixed phrasefigurative

    The financial resources or funds controlled by a person, organization, or government.

    Grammar: Often used in phrases like 'hold the purse strings' or 'the public purse'.

    Patterns

    • the public purse
    • hold the purse strings

    The mayor said the project would be paid for from the public purse.

    It is the treasurer who holds the purse strings in our club.

    They argued about who should control the purse.

Common combinations

the purse for the winner
The purse for the winner was announced before the race.
split the purse
The two fighters agreed to split the purse 60-40.
the public purse
The new stadium was built with money from the public purse.
hold the purse strings
In this family, my grandmother holds the purse strings.

Synonyms and how they differ

prize money
Prize money is the specific amount given to the winner, while the purse is the total fund available for all prizes.
purse
As a standalone noun, 'purse' usually means a handbag in American English; with 'the' it refers to the prize fund.

Commonly confused: the purse or purse?

the purse vs purse

Without 'the', 'purse' often means a small bag for carrying money or a handbag, especially in American English.

Practice

The boxer earned a record $30 million from ______ for the title fight.

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