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