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, v.t. [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.]
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