prize money: meaning, definition, pronunciation and examples

It is generally treated as an uncountable noun (e.g., 'The prize money is huge'). However, you can refer to different sums as 'prize moneys' in rare, formal/legal contexts, but this is uncommon.

They are largely synonymous. 'Prize money' is often used for larger sums or in professional/sports contexts, while 'a cash prize' can refer to any amount and sounds slightly more specific to the prize itself rather than the concept of the award fund.

Yes, in most countries, prize money is considered taxable income and must be declared to the relevant tax authorities.

No, this is a common mistake. The correct phrasing is 'won prize money' (without 'a') or 'won a prize of [amount] money' or 'won a cash prize'. 'Prize money' is not preceded by an indefinite article.

Money awarded as a prize in a competition, contest, or tournament.

Prize money is usually neutral to formal; common in news reporting, sports commentary, and competition contexts. in register.

Prize money: in British English it is pronounced /ˈpraɪz ˌmʌni/, and in American English it is pronounced /ˈpraɪz ˌmʌni/. Tap the audio buttons above to hear it.