A prize is an award to be given to a person or a group of people to recognise and reward actions or achievements. 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, 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.
- 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.
Other articles related to "prize, prizes":
... The Lemelson Foundation awards several prizes yearly to inventors in United States ... The largest is the Lemelson-MIT Prize which was endowed in 1994 by Jerome H ... The winner receives $500,000, making it the largest cash prize for invention in the U.S ...
... James Tait Black Memorial Prize for fiction A ... Their England James Tait Black Memorial Prize for biography Violet Clifton, The Book of Talbot Newbery Medal for children's literature Elizabeth ...
... Rogers (Lemelson-MIT Prize) Elizabeth Hausler (Lemelson-MIT Award for Sustainability) Alice Chen (Lemelson-MIT Student Prize) Scott Diagle (Lemelson-MIT Illinois Student Prize) Guoan Zheng (Lemelson-MIT CalTech ...
... children's literature Katherine Paterson, Bridge to Terabithia Pulitzer Prize for Drama Donald L ... Coburn, The Gin Game Pulitzer Prize for Fiction James Alan McPherson, Elbow Room Pulitzer Prize for Poetry Howard Nemerov, Collected Poems ...
... The Kyoto Prize (京都賞, Kyōto-shō?) has been awarded annually since 1985 by the Inamori Foundation, founded by Kazuo Inamori ... The prize is a Japanese award similar in intent to the Nobel Prize, as it recognizes outstanding works in the fields of philosophy, arts, science and technology ... Prizes are given in the fields of Advanced Technology, Basic Sciences and Arts and Philosophy ...
Famous quotes containing the word prize:
“To become a token womanwhether you win the Nobel Prize or merely get tenure at the cost of denying your sistersis to become something less than a man ... since men are loyal at least to their own world-view, their laws of brotherhood and self-interest.”
—Adrienne Rich (b. 1929)
“Knowing I loved my books, he furnished me
From mine own library with volumes that
I prize above my dukedom.”
—William Shakespeare (15641616)
“The true runner comes to the finish and receives the prize and is crowned.”
—Plato (c. 427347 B.C.)