1. Something offered or won as an award for superiority or victory, as in a contest or competition. 2. Something worth striving for; a highly desirable possession.
ADJECTIVE:
1. Offered or given as a prize: a prize cup.2. Given a prize, or likely to win a prize: a prize cow.3. Worthy of a prize; first-class: our prize azaleas.
TRANSITIVE VERB:
Inflected forms: prized, priz·ing, priz·es 1. To value highly; esteem or treasure. See synonyms at appreciate. 2. To estimate the worth of; evaluate.
ETYMOLOGY:
Alteration of Middle English pris, value, price, reward. See price.
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