A change purse is a small pouch typically used to store coins and other small items such as keys, lip balm, or gum. Although the term "change purse" is commonly used, there are many synonyms for this handy accessory, including coin purse, wallet, pouch, pocketbook, billfold, and purselet. A coin purse often denotes a specific type of change purse used exclusively for coins, while a wallet or billfold usually refers to a larger accessory used to store money, cards, and other necessities. A pouch or pocketbook can also refer to a small handheld bag used to store coins and small items. Whatever you choose to call it, a change purse is a great way to keep your loose change and everyday essentials organized and within reach.