The meaning of PRIZE is something offered or striven for in competition or in contests of chance; also : premium.

A prize is an award to be given to a person or a group of people (such as sporting teams and organizations) to recognize and reward their actions and achievements. [1]

PRIZE definition: 1. something valuable, such as an amount of money, that is given to someone who succeeds in a…. Learn more.

PRIZE definition: a reward for victory or superiority, as in a contest or competition. See examples of prize used in a sentence.

prize 1 (praɪz) n. 1. a reward for victory or superiority, as in a contest or competition. 2. something won in a lottery or the like. 3. anything striven for, worth striving for, or much valued.

Definition of prize noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

For senses to do with value or worth, "prize" is correct in US & UK English. For senses to do with leverage, the UK spelling is "prise" ("prize" is US only in this sense).

The word price refers to the amount of money expected, required, or given in payment for something, essentially expressing value in monetary terms. On the other hand, prize denotes a reward given for …

prize definition: reward for winning a contest or competition. Check meanings, examples, usage tips, pronunciation, domains, and related words. Discover expressions like "door prize", "booby prize", …

You can refer to someone or something as a prize when people consider them to be of great value or importance. With no lands of his own, he was no great matrimonial prize.