prize money

noun

1
: a part of the proceeds of a captured ship formerly divided among the officers and men making the capture
2
: money offered in prizes

Examples of prize money in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In 2023, the PGA Tour doled out $560 million in prize money. Jason Clinkscales, Sportico.com, 16 Dec. 2024 Since its inception in 2020, the initiative has awarded $25 million in prize money and mobilized over $108 million in support for innovative projects worldwide. Erin Hill, People.com, 14 Dec. 2024 Maybe instead of prize money, the league could give the winning team some sort of playoff tiebreaker, or the winning players relief on the 65-game limit for individual awards. Danny Emerman, The Mercury News, 8 Dec. 2024 The prize money would exchange to be a bit under $33 million USD, per current rates. Tony Maglio, IndieWire, 26 Nov. 2024 See all Example Sentences for prize money 

Word History

First Known Use

1654, in the meaning defined at sense 1

Time Traveler
The first known use of prize money was in 1654

Dictionary Entries Near prize money

Cite this Entry

“Prize money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prize%20money. Accessed 25 Dec. 2024.

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