A purse, prize, or premium. Ordinarily some valuable thing, offered by a person for the doing of something by others, into strife for which he does not enter. He has not a chance of gaining the thing offered; and, if he abides by his offer, that he must lose it and give it over to some of those contending for it is reasonably certain. Harris v. White, 81 N. Y. 539.
What is PURSE?
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