PRIZE, n.

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, L. 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.