prize money

American  

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.

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prize money British  

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

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Etymology

Origin of prize money

First recorded in 1740–50

Example Sentences

Corporate sponsorships spiked and tournament prize money grew by a factor of five.

From The Wall Street Journal

Contracted runners had been promised lucrative prize money and salaries in the competition's inaugural season, but the final event was cancelled and organisers later voluntarily filed for bankruptcy in the US.

From BBC

TV income, prize money and matchday revenue are far greater than those generated in the Europa League or Conference League.

From BBC

There are also questions about what will happen to the winner's medals that were handed to Senegal players in January, and the tournament prize money.

From BBC

Contracted runners were promised lucrative prize money and salaries in the competition's inaugural season, but the final event was cancelled and organisers later voluntarily filed for bankruptcy in the US.

From BBC

Related Words

• jackpot
• reward