prize money

noun

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 Earlier this year, Churchill Downs announced the purse for the 2024 Derby would be an all-time high of $5 million, up from the $3 million in prize money that had been up for grabs since 2019. Alex Sundby, CBS News, 27 Apr. 2024 The race and the Detroit Sports Media Association provided the prize money, which included $1,200 for second place, $750 for third and $500 apiece for the other two. Neal Rubin, Detroit Free Press, 21 Apr. 2024 See all Example Sentences for prize money 

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.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prize%20money. Accessed 3 May. 2024.

More from Merriam-Webster on prize money

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