PURSE n.
se, or Empty purse, poverty or want of resources. -- Long purse, or Heavy purse, wealth; riches. -- Purse crab (Zoöl.), any land crab of the genus Birgus, allied to the hermit crabs. They sometimes weigh twenty pounds or more, and are very strong, being able to crack cocoanuts with the large claw. They chiefly inhabi…
RAIFFEISEN a.
ining to, a form of coöperative bank founded among the German agrarian population by Friedrich Wilhelm Raiffeisen (1818-88); as, Raiffeisen banks, the Raiffeisen system, etc. The banks are unlimited-liability institutions making small loans at a low rate of interest, for a designated purpose, to worthy members only.…