Nobel Prize

[ noh-bel prahyz, noh-bel ]

noun

1. any of various awards made annually, beginning in 1901, from funds originally established by Alfred B. Nobel: for outstanding achievement in physics, chemistry, physiology or medicine, literature, and the promotion of peace. Nobel Memorial Prize in Economic Sciences ( def ).

Nobel prize

noun

1. a prize for outstanding contributions to chemistry, physics, physiology or medicine, literature, economics, and peace that may be awarded annually. It was established in 1901, the prize for economics being added in 1969. The recipients are chosen by an international committee centred in Sweden, except for the peace prize which is awarded in Oslo by a committee of the Norwegian parliament