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English definition of “prize”

prize

noun [C]  /prɑɪz/ us  
a reward for victory in a competition or game: David won first prize in the school science fair.

prize

adjective [not gradable]  /prɑɪz/ us  
given as a prize, or having won or deserving to win a prize: prize money

prize

verb [T]  /prɑɪz/ us  
to value greatly: The Japanese prize personal relationships in doing business. A prized possession is one that is very important to you.
(Definition of prize from the Cambridge Academic Content Dictionary © Cambridge University Press)
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