1. something given as a reward for winning a competition or achieving excellence
2. something or someone highly valued or sought after

1. to value highly or cherish

1. awarded as a prize; outstanding of its kind

Examples

• She won first prize in the science fair.
• The Nobel Prize is awarded annually for outstanding achievements.
• He was the prize catch among all the eligible bachelors.
• I prize my grandmother’s antique jewelry collection.
• The farmer’s prize bull won the county competition.
• They prize honesty above all other virtues.
• The prize roses in her garden attracted many admirers.