Definition, Meaning & Synonyms
cash-prize
noun
/kæʃ praɪz/

Definition
A monetary award given as a prize for winning a competition or achieving a certain goal.

Examples
- Winning the lottery came with a substantial cash-prize.
- The science fair offered a cash-prize for the best project.
- He was thrilled to receive a cash-prize for finishing first in the race.

Meaning
Cash-prizes are rewards in the form of money that individuals or teams receive for excelling in contests, tournaments, or various competitions.

Synonyms
- monetary award
- cash award
- financial prize