1
: something offered or striven for in competition or in contests of chance
also
: premium sense 1d
2
: something exceptionally desirable
3
archaic
: a contest for a reward : competition
1
a
: awarded or worthy of a prize
b
: awarded as a prize
c
: entered for the sake of a prize
a prize drawing
2
: outstanding of a kind
raised prize hogs
prized; prizing
1
: something taken by force, stratagem, or threat
especially
: property lawfully captured at sea in time of war
2
: an act of capturing or taking
especially
: the wartime capture of a ship and its cargo at sea
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Merriam-Webster unabridged
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