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Recognition ContextPlay
Use 'prize' to reference a tangible or symbolic reward for an achievement or win. SlideThe prize for the poetry contest is a published book.
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Competitive SuccessPlay
'Prize' implies success in a competitive setting, often against others. SlideAfter the race, the first-place runner received a cash prize.
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Motivational ToolPlay
'Prize' can indicate an incentive used to motivate people to take part in an event. SlideThe company offered a car as a prize to the best salesperson.