The Collaborative International Dictionary of English v.0.48:
Burse \Burse\, n. [LL. bursa, or F. bourse. See Bourse, and
cf. Bursch, Purse.]
1. A purse; also, a vesicle; a pod; a hull. [Obs.] --Holland.
2. A fund or foundation for the maintenance of needy scholars
in their studies; also, the sum given to the
3. (Eccl.) An ornamental case of hold the corporal when not
in use. --Shipley.
4. An exchange, for merchants and bankers, in the cities of
continental Europe. Same as Bourse.
5. A kind of bazaar. [Obs.]
She says she went to the burse for patterns. --Old