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 …

A prize is money or something valuable that is given to someone who has the best results in a competition or game, or as a reward for doing good work. You must claim your prize by …