prize-money
Definition
Noun (uncountable): Money that is awarded to the winner of a competition, contest, or race; historical usage also refers to money obtained from the sale of captured enemy ships or goods (prize of war).
Usage Examples
- (Money awarded for winning a contest.)
- (Historical: money from war spoils.)
Advanced Usage
"to win prize-money": to be awarded money as a reward for victory.
- She trained for months and finally won the prize-money at the national competition. (She received the monetary reward for first place.)
"to share prize-money": to divide the awarded money among multiple recipients.
- The team agreed to share the prize-money equally after their group victory. (They split the monetary award.)
Variants and Related Words
- Prize (n): a reward given for victory or merit, which may be money or an object.
- The first prize was a gold medal. (The top reward.)
- Money (n): a medium of exchange; currency.
- He saved his money for a new car. (Financial resources.)
Synonyms
- Winnings: money that is won, especially in gambling or competitions.
- Award money: a monetary prize given for achievement.
- Bounty: a reward or payment, often historical for capturing or destroying something.
Related Idioms
- To make prize-money: (historical) to gain money from capturing enemy ships or goods.
- The privateers made prize-money from every enemy vessel they seized. (They profited from war captures.)
- Prize-money in the bag: (informal) a certain or expected monetary reward.
- With his lead in the race, the prize-money is practically in the bag. (He is almost certain to win the money.)