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What does prize mean?

Looking for the meaning or definition of the word prize? Here's what it means.

Noun
  1. That which is taken from another; something captured; a thing seized by force, stratagem, or superior power.
  2. (military, nautical) Anything captured by a belligerent using the rights of war; especially, property captured at sea in virtue of the rights of war, as a vessel.
  3. An honour or reward striven for in a competitive contest; anything offered to be competed for, or as an inducement to, or reward of, effort.
  4. That which may be won by chance, as in a lottery.
  5. Anything worth striving for; a valuable possession held or in prospect.
  6. A contest for a reward; competition.
  7. A lever; a pry; also, the hold of a lever. Also spelled prise.
Verb
  1. To consider highly valuable; to esteem.
  2. (obsolete) To set or estimate the value of; to appraise; to price; to rate.
  3. To move with a lever; to force up or open; to prise or pry.
  4. (obsolete) To compete in a prizefight.
Adjective
  1. Having won a prize; award-winning.
  2. first-rate; exceptional
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