Simple English definitions for legal terms
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Term: PURSE
Definition: A purse is a prize of money that someone can win in a contest or event.
Definition: A purse is a sum of money that is offered as a prize to the winner of a contest or event.
Example: The winner of the marathon received a purse of $10,000.
Example: The purse for the spelling bee was $500.
These examples illustrate how a purse is a prize that is awarded to the winner of a competition or event. The amount of money in the purse can vary depending on the event and the number of participants.