PRIZE definition: 1. something valuable, such as an amount of money, that is given to someone who succeeds in a…. Learn more. The Booker Prize 2025 Winners LIVE: Follow live updates on the International Booker Prize 2025 — winners name, announcement, reactions, and key moments. The Nobel Prize rewards science, humanism and peace efforts. This is one of the central concepts in the will of Alfred Nobel, and it also permeates the outreach activities that have been developed for the purpose of engaging, inspiring and spreading knowledge about the Nobel Prize as well as the discoveries and achievements of the laureates. 6 meanings: 1. a. a reward or honour for victory or for having won a contest, competition, etc b. (as modifier) 2. something.... Click for more definitions.