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

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