prize money


: a part of the proceeds of a captured ship formerly divided among the officers and men making the capture
: money offered in prizes

Examples of prize money in a Sentence

Recent Examples on the Web The yearslong battle culminated in a historic collective bargaining agreement last year that guarantees, in part, that World Cup prize money is pooled and split equally between both the men’s and women’s teams. Rebecca Cohen, NBC News, 12 Nov. 2023 The team owners together get an additional 18 percent, and 10 percent goes to the players, who get equity in addition to prize money. WIRED, 9 Nov. 2023 The winners of the award – now in its third year – will be revealed at a ceremony in Singapore on November 7, with the prize money going towards helping the changemakers scale their green solutions. Lauren Said-Moorhouse, CNN, 19 Sep. 2023 Today, all four Grand Slams offer equal prize money to women and men. Lars Brandle, Billboard, 19 Oct. 2023 This is also the 50th anniversary of the WTA Tour and the U.S. Open awarding equal prize money to men’s and women’s champions. Michael Schneider, Variety, 18 Oct. 2023 Their prize money, however, was much larger: $45.6 billion South Korean won, or roughly $38 million. Jonah Valdez, Los Angeles Times, 22 Sep. 2023 This is the 50th anniversary of when the 1973 U.S. Open became the first major sports event to pay women and men equal prize money; the person who led that effort, Hall of Fame player and rights advocate Billie Jean King, was on hand Saturday. Howard Fendrich, Anchorage Daily News, 10 Sep. 2023 About a quarter of that sum is wagered on matches within the sport’s lowest tier, many of them so obscure that they aren’t televised and offer meager prize money, often just over $2,000 for a tournament’s winner. Kevin Sieff, Washington Post, 7 Sep. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'prize money.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1654, in the meaning defined at sense 1

Time Traveler
The first known use of prize money was in 1654

Dictionary Entries Near prize money

Cite this Entry

“Prize money.” Dictionary, Merriam-Webster, Accessed 28 Nov. 2023.

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