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] 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.
Consolation prize: an award given to those who do not win but are deemed worthy 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.
Winnings from an inducement prize contest, usually a reward for accomplishing a specific feat of use to the sponsor or society at large
^ abPrize, definition 1, The Free Dictionary, Farlex, Inc. Retrieved August 7, 2009.
External linksEdit
Look up prize in Wiktionary, the free dictionary.
Media related to Prizes at Wikimedia Commons
October 18, 2023
prize, other, uses, disambiguation, prize, award, given, person, group, people, such, sporting, teams, organizations, recognize, reward, their, actions, achievements, official, prizes, often, involve, monetary, rewards, well, fame, that, comes, with, them, som. For other uses see Prize disambiguation 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 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 A car prize at a shopping mall in IndonesiaSkateboarders excited to receive a free skateboard deck as a prize at a skate contest 2021Prizes 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 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 but are deemed worthy 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 Winnings from an inducement prize contest usually a reward for accomplishing a specific feat of use to the sponsor or society at largeSee also EditMedal Prize law Prize money monetary award that is given to someone after they have won a competition Prizes named after people RepechageReferences Edit a b Prize definition 1 The Free Dictionary Farlex Inc Retrieved August 7 2009 External links Edit nbsp Look up prize in Wiktionary the free dictionary nbsp Media related to Prizes at Wikimedia Commons Retrieved from https en wikipedia org w index php title Prize amp oldid 1162456907, wikipedia, wiki, book, books, library,
