Crossword Genius

Prize the pickpocket hopes to get? (5)

Ross

I believe the answer is:

purse

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'prize' is the definition.
(I've seen this before)

I cannot understand how the remainder of the clue works.

Can you help me to learn more?

(Other definitions for purse that I've seen before include "Handbag or money prize" , "Pucker (one's lips)" , "Pocket" , "Winner's prize" , "Prize in sporting contest" .)

I've seen this clue in the Evening Standard.
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