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 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 ...
... 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 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 ...
... 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 ...
... James Tait Black Memorial Prize for fiction A ... Macdonell, England, Their England James Tait Black Memorial Prize for biography Violet Clifton, The Book of Talbot Newbery Medal for children's literature Elizabeth Foreman Lewis, Young Fu of the Upper ...
Famous quotes containing the word prize:
“What we have we prize not to the worth
Whiles we enjoy it, but being lacked and lost,
Why, then we rack the value, then we find
The virtue that possession would not show us
Whiles it was ours.”
—William Shakespeare (15641616)
“To a maiden true hell give his hand,
Hey lillie, ho lillie lallie,
To the kings daughter o fair England,
To a prize that was won by a slain brothers brand,
I the brave nights so early.”
—Unknown. Earl Brand (l. 6771)
“Eternall God, O thou that onely art
The sacred Fountain of eternall light,
And blessed Loadstone of my better part;
O thou my hearts desire, my souls delight,
Reflect upon my soul, and touch my heart,
And then my heart shall prize no good above thee;
And then my soul shall know thee; knowing, love thee;
And then my trembling thoughts shall never start
From thy commands, or swerve the least degree,
Or once presume to move, but as they move in thee.”
—Francis Quarles (15921644)