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

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.

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

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

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]

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.

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).

A prize is the reward or recognition a winner gets. When you win first prize in your state spelling bee, you might get a medal and a trip to the national competition in Washington, DC.

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