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 from the Oxford Advanced Learner's Dictionary. an award that is given to a person who wins a competition, race, etc. or who does very good work. She was awarded the Nobel …

Prize definition: Something offered or won as an award for superiority or victory, as in a contest or competition.

A prize is something valuable, such as money or a trophy, that is given to the winner of a game or competition.

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 …

a reward for victory, as in a contest or competition: [countable] She won a prize for her science exhibit. [uncountable * usually with some word indicating rank] She won first prize in the science exhibit.