1. the treasury of a public institution or religious order;
The Collaborative International Dictionary of English v.0.48:
Bursary \Bur"sa*ry\, n.; pl. -ries. [LL. bursaria. See
1. The treasury of a college or monastery.
2. A scholarship or charitable foundation in a university, as
in Scotland; a sum given to enable a student to pursue his
studies. "No woman of rank or fortune but would have a
bursary in her gift." --Southey.
WordNet (r) 3.0 (2006):
n 1: the treasury of a public institution or religious order