What is the meaning of prize?

noun

• Something given for victory or superiority in a contest or competition or for winning a lottery.
  • usage: "the prize was a free trip to Europe"
  • synonyms: award
• Goods or money obtained illegally.
  • synonyms: loot, booty, pillage, plunder, swag, dirty money
• Something given as a token of victory.
  • synonyms: trophy

verb

• Hold dear.
  • usage: "I prize these old photographs"
  • synonyms: value, treasure, appreciate
• To move or force, especially in an effort to get something open.
  • usage: "The burglar jimmied the lock": "Raccoons managed to pry the lid off the garbage pail"
  • synonyms: pry, prise, lever, jimmy
• Regard highly; think much of.
  • usage: "I respect his judgement"; "We prize his creativity"
  • synonyms: respect, esteem, value, prise

adjective

• Of superior grade.
  • usage: "choice wines"; "prime beef"; "prize carnations"; "quality paper"; "select peaches"
  • synonyms: choice, prime, quality, select