A purse is a small bag, also called a handbag or a pocketbook. 

In British English, a purse is a small money container similar to a wallet, but typically used by women and including a compartment for coins, with a handbag being considerably larger; indeed, a purse is often kept in a handbag.

A purse or handbag is often fashionably designed, and is used to hold items such as wallet, keys, tissues, makeup, a hairbrush, cellular device or personal digital assistant, feminine products, or other items.

Purses are usually carried by women, though men sometimes carry one as a smaller alternative to a backpack; such a purse is sometimes termed a murse or manbag (portmanteaus "man" with "purse" and "handbag" respectively). It can also be called a man-purse. Such bags are often similar or identical to messenger bags. Smaller children also use purses, but usually just for show. Kiefer Sutherland, of 24 fame, brought the man-purse into the main stream through his character, Jack Bauer. Jack frequently prominently carried his messenger bag with him in the 5th Season.
In the 15th century, both men and women wore purses. They were often finely embroidered or ornamented with gold. It was also customary for men to give their new brides purses embroidered with an illustration of a love story. Later in the century, women, now wearing finer dresses, preferred to wear their pouches under their skirts.

In the 16th century, handbags were made out of common materials. They were leather and fastened with drawstring on top. Large cloth bags were introduced and worn by travelers diagonally across the body.

In the 17th century, bags became more complex and elaborate. Girls were taught skills such as embroidery and needlework, that could assist them in finding a husband. These skills gave rise to stitched artwork on purses. Around the year 1670, men's breeches were made with built-in pockets, which caused them to stop carrying purses. They did however carry little netted purses in their pocket to carry money.