Prize

Prize
For other uses, see Prize (disambiguation).

A prize is an award to be given to a person or a group of people to recognise and reward actions or achievements.[1] Official prizes often involve monetary rewards as well as the fame that comes with them. Some prizes are also associated with extravagant awarding ceremonies, such as the Academy Awards.

Prizes are also given to publicize noteworthy or exemplary behaviour, and to provide incentives for improved outcomes and competitive efforts. In general, prizes are regarded in a positive light,[1] and their winners are admired. However, many prizes, especially the more famous ones, have often caused controversy and jealousy.

Vector image of the Nobel prize medal

Specific types of prizes include:

  • Booby prize: typically awarded as a joke or insult to whoever finished last (e.g., wooden spoon (award)).
  • Consolation prize: an award given to those who do not win an event but are deserving of recognition.
  • Hierarchical prizes, where the best award is "first prize", "grand prize", or "gold medal". Subordinate awards are "second prize", "third prize", etc., or "first runner-up" and "second runner-up", etc., or "silver medal" and "bronze medal". (In some contests, "grand prize" is more desirable than "first prize".)
    • On game shows in the UK, the term is "star prize", while in Australia, it is "major prize".
  • Purchase prize or acquisition prize: a monetary prize given in an art competition in exchange for the winning work.

See also

References

  1. ^ a b Prize, definition 1, The Free Dictionary, Farlex, Inc. Retrieved August 7, 2009.

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Synonyms:
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Look at other dictionaries:

  • Prize — (pr[imac]z), n. [F. prise a seizing, hold, grasp, fr. pris, p. p. of prendre to take, L. prendere, prehendere; in some senses, as 2 (b), either from, or influenced by, F. prix price. See {Prison}, {Prehensile}, and cf. {Pry}, and also {Price}.]… …   The Collaborative International Dictionary of English

  • prize — n 1: property (as a ship) lawfully captured in time of war 2: the wartime capture of a ship and its cargo at sea Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • prize — prize1 [prīz] vt. prized, prizing [ME pris: see PRICE] 1. Obs. to set a value upon; price 2. to value highly; esteem n. 1. something offered or given to the winner of a contest 2. something won in a game of cha …   English World dictionary

  • Prize — Prize, v. t. [imp. & p. p. {Prized}; p. pr. & vb. n. {Prizing}.] [F. priser, OF. prisier, preisier, fr. L. pretiare, fr. pretium worth, value, price. See {Price}, and cf. {Praise}.] [Formerly written also {prise}. ] [1913 Webster] 1. To set or… …   The Collaborative International Dictionary of English

  • prize — [adj] best award winning, champion, choice, cream*, elite, fat*, first class*, firstrate*, outstanding, pick, prime, top, topnotch, winning; concept 574 Ant. worst prize [n1] award, winnings accolade, acquirement, acquisition, advantage, blue… …   New thesaurus

  • prize — Ⅰ. prize [1] ► NOUN 1) a thing given as a reward to a winner or in recognition of an outstanding achievement. 2) something of great value that is worth struggling to achieve. ► ADJECTIVE 1) having been or likely to be awarded a prize. 2)… …   English terms dictionary

  • Prize — Prize, n. [F. prix price. See 3d {Prize}. ] Estimation; valuation. [Obs.] Shak. [1913 Webster] …   The Collaborative International Dictionary of English

  • Prize — Prize, v. t. To move with a lever; to force up or open; to pry. [Written also {prise}.] [1913 Webster] …   The Collaborative International Dictionary of English

  • prize# — prize n *premium, award, reward, meed, guerdon, bounty, bonus Analogous words: recompensing or recompense, compensation (see corresponding verbs at PAY): winning or winnings (see GET) Antonyms: forfeit prize vb value, treasure, cherish,… …   New Dictionary of Synonyms

  • prize — n *spoil, booty, plunder, loot, swag …   New Dictionary of Synonyms

  • prize — see prise …   Modern English usage

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