Bursary
/ˈbɜːr.sə.ri/noun
A treasury, especially an office or fund that handles money for an institution.
Did you know?Bursary comes from the same ancient root as “purse” and “burse,” so its history is literally about a container for wealth before it became a place or fund of finance.
Etymological Timeline
Proto-Indo-European
PIE
*bʰer-
“to carry, bear”
Late Latin
Latin
bursa
“a hide, leather bag, purse”
Medieval Latin
Latin
bursarius
“a keeper of a purse or treasury”
Old French
Old French
bourse
“a purse, money bag, or exchange”
Middle English
English
bursarie
“a treasury or financial office”
Modern English
English
bursary
“a treasury or an allowance or grant, especially for study”