Prize
Definition 1 of 3
Pro Tip 1/3
Recognition Context
Use 'prize' to reference a tangible or symbolic reward for an achievement or win. The prize for the poetry contest is a published book.
Pro Tip 2/3
Competitive Success
'Prize' implies success in a competitive setting, often against others. After the race, the first-place runner received a cash prize.
Pro Tip 3/3
Motivational Tool
'Prize' can indicate an incentive used to motivate people to take part in an event. The company offered a car as a prize to the best salesperson.