Definition
A quantity of money collected by a government through taxation and other methods, and used for public purposes; public funds, public money.
In Context
- "Money in the public purse should be spent in the public interest."
- "This means that while initial funding will come from the public purse, landowners along the route will eventually pay back a share of the uplift in land values created by the new line."
See Also
- disbursement
- hold the purse strings
- power of the purse
- public debt
- public interest
- exchequer
- treasury