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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 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, ...
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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 pr ...
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Prize (law)
In admiralty law prizes (from the Old French ''prise'', "taken, seized") are Military equipment">equipment, vehicles, Marine vessel, vessels, and cargo captured during armed conflict. The most common use of ''prize'' in this sense is the capture of an enemy ship and its 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, it 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 rule ...
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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 prizes from enterprises such aChallenge Worksand 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 t ...
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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 ...
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Prizes Named After People
This is a list of awards that are named after people. A B C D E F G H I J K L M N O P R S T U–V W Y Z See also * Lists of awards * List of eponyms * List of awards named after governors-general of Canada References {{DEFAULTSORT:Prizes Named After People Lists of eponyms Lists of awards ...
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Booby Prize
A booby prize is a joke prize usually given in recognition of a terrible performance or a last-place finish. Booby prizes are typically worthless, but are sometimes jokingly coveted as an object of pride. Notable examples of booby prizes include the wooden spoon, which originated at the University of Cambridge The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209, the University of Cambridge is the List of oldest universities in continuous operation, wo ... as an award for the lowest grade in a mathematics exam before becoming popular in sports, and the title of , given to the last-place finisher of the Tour de France. The word ''booby'' stems from the Spanish meaning silly, which in turn came from the Latin 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 '' ...
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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 ...
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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 fro ...
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Academy Award
The Academy Awards, commonly known as the Oscars, are awards for artistic and technical merit in film. They are presented annually by the Academy of Motion Picture Arts and Sciences (AMPAS) in the United States in recognition of excellence in cinematic achievements as assessed by the Academy's voting membership. The Oscars are widely considered to be the most prestigious awards in the film industry. The major award categories, known as the Academy Awards of Merit, are presented during a live-televised Hollywood ceremony in February or March. It is the oldest worldwide entertainment awards ceremony. The 1st Academy Awards were held in 1929. The second ceremony, in 1930, was the first one broadcast by radio. The 1953 ceremony was the first one televised. It is the oldest of the four major annual American entertainment awards. Its counterparts—the Emmy Awards for television, the Tony Awards for theater, and the Grammy Awards for music—are modeled after the Academy Aw ...
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Award
An award, sometimes called a distinction, is 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) to whom it is given to 2) what 3) by whom, all varying according to purpose. The recipient is often awarded to an individual, a student, athlete or representative of a group of people, be it an organisation, a sports team or a whole country. The award item may be a decoration or an insignia suitable for wearing, such as a medal, badge, award pin or rosette. It can also be a token object such as a certificate, diploma, championship belt, trophy or plaque. The award may also be accompanied by a title of honor, and an object of direct cash value, such as prize money or a scholarship. Furthermore, an is an award given, typically in education, that does not confer the recipient(s) a higher standing but is ...
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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 ...
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Repechage
Repechage ( , ; , ) 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-final rounds) fall into the repechage br ...
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