
Prize
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.
Competitive Success
'Prize' implies success in a competitive setting, often against others.
After the race, the first-place runner received a cash prize.
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.