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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After expenses, including $98.5 million in prize money doled out, the women’s golf league finished 2023 a little over $5.6 million in the black, after ending 2022 with a $7.68 million surplus. Daniel Libit, Sportico.com, 7 Dec. 2024 Their financial outlay, amounting to hundreds of millions, is intended to counterbalance the impact on the prize money available to current teams with an ever-widening grid. Josh Hammer, Newsweek, 3 Dec. 2024 The league, players’ union, coaches and team executives are still ironing out all of the details, including prize money doled out to winners and losers of the tournament and how the teams are selected. Mike Vorkunov, The Athletic, 21 Nov. 2024 During the 2023 version of the NBA Cup, the Gonzaga product had a chance to earn roughly 25% of his salary in prize money. Tony East, Forbes, 6 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 23 Dec. 2024.

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