What is Prize?
{{Wiktionary|prize}} A '''prize''' is an [[award]] given to a person or a group of people to reward good work. Official prizes often include [[money|monetary rewards]] as well as the [[Celebrity|fame]] that comes with them. Some prizes are given out in famous ceremonies, such as the [[Academy Awards|Oscar]]s. Prizes are given for a number of reasons: as an honour for special persons, for exemplary behaviour and to provide incentives in competitions, etc. In general, prizes are regarded in a positive light, and their winners are admired. However, many prizes, especially the more famous ones, have often caused [[wikt:controversy|controversy]] and [[jealousy]]. Specific types of prizes include: * First prize, second prize, third prize etc. * Consolation prize: an award given to those who do not win an event but are deserving of recognition. * [[Booby prize]]: typically awarded as a joke to whoever finished last. {{Commonscat|Prizes}} [[Category:Awards| ]]