1. That which is taken from an enemy in war; any species of goods or property seized by force as spoil or plunder; or that which is taken in combat, particularly a ship. A privateer takes an enemy's ship as a prize They make prize of all the property of the enemy.
2. That which is taken from another; that which is deemed a valuable acquisition.
Then prostrate falls, and begs with ardent eyes,
Soon to obtain and long possess the prize
3. That which is obtained or offered as the reward of contest.
--I will never wrestle for prize
I fought and conquer'd, yet have lost the prize
4. The reward gained by any performance.
5. In colloquial language, any valuable thing gained.
6. The money drawn by a lottery ticket; opposed to blank.
PRIZE, verb transitive [Latin pretium.]
1. To set or estimate the value of; to rate; as, to prize the goods specified in an invoice.
Life I prize not a straw.
2. To value highly; to estimate to be of great worth; to esteem.
I prize your person, but your crown disdain.
3. To raise with a lever. [See Pry.]