Burse

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Webster's Dictionary [1]

(1): (n.) A fund or foundation for the maintenance of needy scholars in their studies; also, the sum given to the beneficiaries.

(2): (n.) An exchange, for merchants and bankers, in the cities of continental Europe. Same as Bourse.

(3): (n.) A kind of bazaar.

(4): (n.) A purse; also, a vesicle; a pod; a hull.

(5): (n.) An ornamental case of hold the corporal when not in use.

Cyclopedia of Biblical, Theological and Ecclesiastical Literature [2]

was anciently a purse to hold that which was valuable; retained even now among the official insignia of the lord high chancellor of England.

References