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Prize
A prize is an award to be given to a person or a group of people (such as sporting teams and organizations) to recognize and reward their actions and achievements.Prize
definition 1, The Free Dictionary, Farlex, Inc. Retrieved August 7, 2009.
Official prizes often involve money, monetary rewards as well as the fame that comes with them. Some prizes are also associated with extravagant awarding ceremonies, such as the Academy Awards. Prizes are also given to publicize noteworthy or exemplary behaviour, and to provide incentives for improved outcomes and competitive efforts. 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 controversy and jealousy. Specific types of prizes include: * Booby prize: typically awarded as a joke or ins ...
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Prize Money
Prize money refers in particular to naval prize money, usually arising in naval warfare, but also in other circumstances. It was a monetary reward paid in accordance with the prize law of a belligerent state to the crew of a ship belonging to the state, either a warship of its navy or a privateer vessel commissioned by the state. Prize money was most frequently awarded for the capture of enemy ships or of cargoes belonging to an enemy in time of war, either arrested in port at the outbreak of war or captured during the war in international waters or other waters not the territorial waters of a neutral state. Goods carried in neutral ships that are classed as contraband, being shipped to enemy-controlled territory and liable to be useful to it for making war, were also liable to be taken as prizes, but non-contraband goods belonging to neutrals were not. Claims for the award of prize money were usually heard in a prize court, which had to adjudicate the claim and condemn the priz ...
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Prize (law)
In admiralty law prizes are equipment, vehicles, vessels, and cargo captured during armed conflict. The most common use of ''prize'' in this sense is the capture of an enemy ship and her cargo as a prize of war. In the past, the capturing force would commonly be allotted a share of the worth of the captured prize. Nations often granted letters of marque that would entitle private parties to capture enemy property, usually ships. Once the ship was secured on friendly territory, she would be made the subject of a prize case: an ''in rem'' proceeding in which the court determined the status of the condemned property and the manner in which the property was to be disposed of. History and sources of prize law In his book ''The Prize Game'', Donald Petrie writes, "at the outset, prize taking was all smash and grab, like breaking a jeweler's window, but by the fifteenth century a body of guiding rules, the maritime law of nations, had begun to evolve and achieve international recogn ...
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Inducement Prize Contest
An inducement prize contest (IPC) is a competition that awards a cash prize for the accomplishment of a feat, usually of engineering. IPCs are typically designed to extend the limits of human ability. Some of the most famous IPCs include the Longitude prize (1714–1765), the Orteig Prize (1919–1927) and the prizes from the X Prize Foundation. IPCs are distinct from recognition prizes, such as the Nobel Prize, in that IPCs have prospectively defined criteria for what feat is to be achieved for winning the prize, while recognition prizes may be based on the beneficial effects of the feat. History Throughout history, there have been instances where IPCs were successfully utilized to push the boundaries of what would have been considered state-of-the-art at the time. The Longitude Prize was a reward offered by the British government for a simple and practical method for the precise determination of a ship's longitude. The prize, established through an Act of Parliament (the Long ...
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Prizes Named After People
A prize is an award to be given to a person or a group of people (such as sporting teams and organizations) to recognize and reward their actions and achievements.Prize
definition 1, The Free Dictionary, Farlex, Inc. Retrieved August 7, 2009.
Official prizes often involve monetary rewards as well as the fame that comes with them. Some prizes are also associated with extravagant awarding ceremonies, such as the s. Prizes are also given to publicize noteworthy or exemplary behaviour, and to provide incentives for improved outcomes and competitive efforts. In general, prizes are regarded in a positive light, and their winners are adm ...
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Consolation Prize
A prize is an award to be given to a person or a group of people (such as sporting teams and organizations) to recognize and reward their actions and achievements.Prize
definition 1, The Free Dictionary, Farlex, Inc. Retrieved August 7, 2009.
Official prizes often involve monetary rewards as well as the fame that comes with them. Some prizes are also associated with extravagant awarding ceremonies, such as the s. Prizes are also given to publicize noteworthy or exemplary behaviour, and to provide incentives for improved outcomes and competitive efforts. In general, prizes are regarded in a positive light, and their winners are adm ...
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Booby Prize
A booby prize is a joke prize usually given in recognition of a terrible performance or last-place finish. A person who finishes last, for example, may receive a booby prize such as a worthless coin. Booby prizes are sometimes jokingly coveted as an object of pride. Booby prizes may also be given as consolation prizes to all non-placing participants of a competition. Origin The word "boob" stems from the Spanish meaning silly, which in turn came from the Latin {{lang, la, balbus meaning stammering; the word booby to mean dunce appeared in 1599. Booby prize literally means "idiot's prize". The OED dates this usage to 1893. Booby trap and "booby hatch" are related terms. See also *Bozo bit *Golden Raspberry Awards *Ig Nobel Prize *No-Prize The Marvel No-Prize is a fake or satirical award given out by Marvel Comics to readers. Originally for those who spotted continuity errors in the comics, the current "No-Prizes" are given out for charitable works or other types of "merito ...
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Medal
A medal or medallion is a small portable artistic object, a thin disc, normally of metal, carrying a design, usually on both sides. They typically have a commemorative purpose of some kind, and many are presented as awards. They may be intended to be worn, suspended from clothing or jewellery in some way, although this has not always been the case. They may be struck like a coin by dies or die-cast in a mould. A medal may be awarded to a person or organisation as a form of recognition for sporting, military, scientific, cultural, academic, or various other achievements. Military awards and decorations are more precise terms for certain types of state decoration. Medals may also be created for sale to commemorate particular individuals or events, or as works of artistic expression in their own right. In the past, medals commissioned for an individual, typically with their portrait, were often used as a form of diplomatic or personal gift, with no sense of being an award for ...
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Wooden Spoon (award)
A wooden spoon is an award that is given to an individual or team that has come last in a competition. Examples range from the academic to sporting and more frivolous events. The term is of British origin and has spread to other English-speaking countries. In most cases it is simply a colloquial term for coming last – there is no actual award given. Wooden spoon at the University of Cambridge The wooden spoon was presented originally at the University of Cambridge as a kind of booby prize awarded by the students to the person who achieved the lowest exam marks but still earned a third-class degree (a ''junior optime'') in the Mathematical Tripos. The term "wooden spoon" or simply "the spoon" was also applied to the recipient, and the prize became quite notorious: The spoons themselves, actually made of wood, grew larger, and in latter years measured up to five feet long. By tradition, they were dangled in a teasing way from the upstairs balcony in the Senate House, in fron ...
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Gold Medal
A gold medal is a medal awarded for highest achievement in a non-military field. Its name derives from the use of at least a fraction of gold in form of plating or alloying in its manufacture. Since the eighteenth century, gold medals have been awarded in the arts, for example, by the Royal Danish Academy of Fine Arts, usually as a symbol of an award to give an outstanding student some financial freedom. Others offer only the prestige of the award. Many organizations now award gold medals either annually or extraordinarily, including various academic societies. While some gold medals are solid gold, others are gold-plated or silver-gilt, like those of the Olympic Games, the Lorentz Medal, the United States Congressional Gold Medal and the Nobel Prize medal. Nobel Prize medals consist of 18 karat green gold plated with 24 karat gold. Before 1980 they were struck in 23 karat gold. Military origins Before the establishment of standard military awards, e.g., the Medal of Honor, ...
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Award
An award, sometimes called a distinction, is something given to a recipient as a token of recognition of excellence in a certain field. When the token is a medal, ribbon or other item designed for wearing, it is known as a decoration. An award may be described by three aspects: 1) who is given 2) what 3) by whom, all varying according to purpose. The recipient is often to a single person, such as a student or athlete, or a representative of a group of people, be it an organisation, a sports team or a whole country. The award item may be a decoration, that is an insignia suitable for wearing, such as a medal, badge, or rosette (award). It can also be a token object such as certificate, diploma, championship belt, trophy, or plaque. The award may also be or be accompanied by a title of honor, as well as an object of direct value such as prize money or a scholarship. Furthermore, an honorable mention is an award given, typically in education, that does not confer the recipie ...
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Academy Award
The Academy Awards, better known as the Oscars, are awards for artistic and technical merit for the American and international film industry. The awards are regarded by many as the most prestigious, significant awards in the entertainment industry worldwide. Given annually by the Academy of Motion Picture Arts and Sciences (AMPAS), the awards are an international recognition of excellence in cinematic achievements, as assessed by the Academy's voting membership. The various category winners are awarded a copy of a golden statuette as a trophy, officially called the "Academy Award of Merit", although more commonly referred to by its nickname, the "Oscar". The statuette, depicting a knight rendered in the Art Deco style, was originally sculpted by Los Angeles artist George Stanley from a design sketch by art director Cedric Gibbons. The 1st Academy Awards were held in 1929 at a private dinner hosted by Douglas Fairbanks in The Hollywood Roosevelt Hotel. The Academy Awards cerem ...
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Repechage
Repechage (; french: repêchage, "fishing out, rescuing") is a practice in series competitions that allows participants who failed to meet qualifying standards by a small margin to continue to the next round. A well known example is the wild card system. Types Different types of repechage can occur. As a basis for the examples below, assume that 64 competitors are divided into four pools of 16 competitors, labeled A, B, C, and D. The first three rounds of the primary championship bracket winnow the field down to eight competitors for the quarter-final. Full repechage In full repechage, a competitor who loses to the pool winner falls into the repechage bracket. The theory is that a worthy competitor who is paired with another worthy competitor should not be unduly penalized by luck of the draw, but have an opportunity to fight for at least third place. In our example, four competitors from each pool (the loser to the pool winner in the first, second, third and quarter-fina ...
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