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
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By contrast, online sweepstakes casinos claim to pay out in prize money between 80-96% of their revenues; notably, slot machines at commercial casinos typically pay out between 80 to 95 percent (depending on the state). Daniel Wallach, Forbes, 25 Feb. 2025 The more the celebrities succeed in their sabotage of the contestants’ missions, the bigger the contestants’ prize money. John Hopewell, Variety, 25 Feb. 2025 For Ubisoft, the revenue is secondary, given the $3 million in prize money for the teams and other costs associated with the invitational, typically the peak of the game’s esports year. Brendan Coffey, Sportico.com, 20 Feb. 2025 Next year demands Team USA vs. The World, $5 million in prize money for the winner, stars only in the slam dunk exhibition, and Steph Curry vs. Caitlin Clark in the 3-point contest. Sean Keeler, The Denver Post, 17 Feb. 2025 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

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Cite this Entry

“Prize money.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/prize%20money. Accessed 10 Mar. 2025.

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