Prize money has a distinct meaning in warfare, especially naval warfare, where it was a monetary reward paid out to the crew of a ship for capturing or sinking an enemy vessel. The claims for the bounty are usually heard in a Prize Court. This article covers the arrangements of the British Royal Navy, but similar arrangements were used in the navies of other nations, and existed in the British Army and other armies, especially when a city had been taken by storm.
Famous quotes containing the words prize and/or money:
“The true runner comes to the finish and receives the prize and is crowned.”
—Plato (c. 427–347 B.C.)
“The Gospel of the army is cunning, as of all other human activities. The wisdom of the snake under the meekness of the sheep is what wins out.
The first Commandment is—never let them get anything on you—
The second: Graft—get privileges others haven’t got—worm yourself into confidence
The Third—seem neat and prosperous—as if you had money in the bank—”
—John Dos Passos (1896–1970)