prize money

noun

1. money offered, won, or received in prizes.

2. a portion of the money realized from the sale of a prize, especially an enemy's vessel, divided among the captors.

prize money

noun

1. any money offered, paid, or received as a prize

2. (formerly) a part of the money realized from the sale of a captured vessel

Word History and Origins

Origin of prize money¹

First recorded in 1740–50

Example Sentences

Top pros need to spend 11 months of the year on a constant hunt for ranking points and prize money, which they say leaves them without adequate time to recover and at risk of injury.

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He was one of eight people from a neighbourhood in Kingswood near Bristol to win the October draw as part of the subscription lottery where winners in the same postcode share the prize money.

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Nakamura wasn’t there to tee off on inferior opponents—or for a few thousand bucks in prize money.

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There are those, like Liverpool or Arsenal, who spend freely because they generate huge profits through television rights, commercial sales, prize money, and successful player sales.

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Players can skip mandatory events if they injured or have personal reasons, but they will receive no rankings points or prize money if they do not play.

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Related Words

• jackpot 
• reward