prize money


Definition of prize money 

1 : a part of the proceeds of a captured ship formerly divided among the officers and men making the capture

2 : money offered in prizes

Examples of prize money in a Sentence

Recent Examples on the Web

His nine senior victories in 1985, a single-season mark matched only by Hale Irwin 12 years later, put him atop the year’s earnings list with $386,000 in prize money, a record at the time. Richard Goldstein,, "Peter Thomson, Australian golfer with five British Open wins, dies at 88," 22 June 2018 If awarded the prize money, Krause would like to open a restaurant and community center centered on affordable healthy options. Jessica Suriano, azcentral, "Gordon Ramsay's 'MasterChef' features two Arizona chefs vying for $250,000," 13 June 2018 The business magazine reported that Mayweather made $285 million in prize money, salary, bonuses and endorsements between June 1, 2017, and June 1, 2018, attributing $275 million of that total to his Aug. 27 fight with Conor McGregor. Tom Schad, USA TODAY, "Floyd Mayweather leads Forbes' highest-paid athletes list; LeBron James in top 10," 6 June 2018 There is prize money in this pro series ($1,000 for first place) and from medals at nationals, worlds and Olympics. David Woods, Indianapolis Star, "Life as a professional swimmer: Chasing dreams, not dollars," 16 May 2018 The winner of the World Championship takes home a cool $600,000 in prize money, which is many times the purse for the pool equivalent. Charlie Campbell / Beijing, Time, "‘To Be Number One Is the Target.’ China’s Ding Junhui Is Taking on the World Snooker Championship," 19 Apr. 2018 Champions League success boosts prize money, commercial deals Stock rises as much as 17 percent, topping Italy midcap index Juventus Football Club S.p. Joe Easton,, "Juventus Jumps Most in Four Years After Dramatic Win in London," 8 Mar. 2018 Cassin said the hope is that the prize money — awards range from $25,000 to $1,000 — will help the best ideas flourish as enterprises. Frank Witsil, Detroit Free Press, "Women entrepreneurs compete for cash in 'Shark Tank'-style competition," 6 Feb. 2018 One game had a pool of $3 million in prize money for finishers at various levels. Mark Alesia, Indianapolis Star, "FanDuel, DraftKings under microscope in state Supreme Court case being watched nationally," 27 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'prize money.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of prize money

1654, in the meaning defined at sense 1

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Last Updated

7 Oct 2018

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The first known use of prize money was in 1654

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to reject or criticize sharply

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