prize
prize [prize prizes prized prizing] noun, adjective, verb BrE [praɪz] NAmE [praɪz]
noun
1. an award that is given to a person who wins a competition, race, etc. or who does very good work
• She was awarded the Nobel Peace prize.
• He won first prize in the woodwind section.
•There are no prizes for guessing (= it is very easy to guess) who she was with.
•I won £500 in prize money.
•Win a car in our grand prize draw!
see also ↑consolation prize
2. something very important or valuable that is difficult to achieve or obtain
•World peace is the greatest prize of all.
Word Origin:
Middle English: the noun, a variant of ↑price; the verb (originally in the sense ‘estimate the value of’) from Old French pris-, stem of preisier ‘to praise, appraise’, from late Latin pretiare, from Latin pretium ‘price’.
Thesaurus:
prize noun C
•He was awarded the Nobel Prize for Literature.
award • • reward • • title • • medal • • trophy • • cup • |BrE honour • |AmE honor •
a/an prize/award/reward/medal/trophy/cup for sth
a coveted/prestigious prize/award/title/trophy
a/an top/academic prize/award/honour
win a/an prize/award/reward/title/medal/trophy/cup/honour
Example Bank:
•He strove for the glittering prizes of politics.
•He won the Nobel Prize for Literature.
•She was the first woman to win this coveted prize.
•The booby prize was awarded to the worst singer in the competition.
•The presidency is the ultimate prize.
•The prize was presented by the mayor.
•The prize went to the grey long-haired cat.
•a prize worth over $3 000
•prizes in chemistry, physics and medicine
•He took first prize in the woodwind section.
•I won £500 in prize money.
•She was awarded the Nobel Prize for Literature.
•The 250 runners-up will get a consolation prize of a T-shirt.
•There are no prizes for guessing who she was with.
•Win a car in our grand prize draw!
adjective only before noun
1. (especially of an animal, a flower or a vegetable)good enough to win a prize in a competition
•prize cattle
2. being a very good example of its kind
•a prize student
•He's a prize specimen of the human race!
• (informal)She's a prize idiot (= very silly).
Word Origin:
Middle English: the noun, a variant of ↑price; the verb (originally in the sense ‘estimate the value of’) from Old French pris-, stem of preisier ‘to praise, appraise’, from late Latin pretiare, from Latin pretium ‘price’.
verb
1. usually passive to value sth highly
Syn: ↑treasure
•~ sth an era when honesty was prized above all other virtues
•~ sth for sth Oil of cedarwood is highly prized for its use in perfumery.
2. (NAmE) = ↑prise
Verb forms: 
Word Origin:
Middle English: the noun, a variant of ↑price; the verb (originally in the sense ‘estimate the value of’) from Old French pris-, stem of preisier ‘to praise, appraise’, from late Latin pretiare, from Latin pretium ‘price’.
Example Bank:
•The berries are prized for their healing properties.
•The library is prized as the finest of its kind in England.
•a precious thing to be prized above all else
•two fruits that are much prized in Madeira
•two fruits that are much prized on the island
•Oil of cedarwood is highly prized for its use in medicine and perfumery.
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