Prize court, a court having jurisdiction of all captures made in war on the high seas. Bouvier. Prize fight, an exhibition contest, esp. one of pugilists, for a stake or wager.Prize fighter, one who fights publicly for a reward; — applied esp. to a professional boxer or pugilist. Pope.Prize fighting, fighting, especially boxing, in public for a reward or wager.Prize master, an officer put in charge or command of a captured vessel.Prize medal, a medal given as a prize.Prize money, a dividend from the proceeds of a captured vessel, etc., paid to the captors.Prize ring, the ring or inclosure for a prize fight; the system and practice of prize fighting.To make prize of, to capture. Hawthorne.

(Prize) v. t. To move with a lever; to force up or open; to pry. [Written also prise.]

(Prize), v. t. [imp. & p. p. Prized ; p. pr. & vb. n. Prizing.] [F. priser, OF. prisier, preisier, fr. L. pretiare, fr. pretium worth, value, price. See Price, and cf. Praise.] [Formerly written also prise. ]

(Priv"y), n.; pl. Privies

1. (Law) A partaker; a person having an interest in any action or thing; one who has an interest in an estate created by another; a person having an interest derived from a contract or conveyance to which he is not himself a party. The term, in its proper sense, is distinguished from party. Burrill. Wharton.

2. A necessary house or place; a backhouse.

(Priz"a*ble) a. Valuable. H. Taylor.

(Prize) n. [F. prise a seizing, hold, grasp, fr. pris, p. p. of prendre to take, L. prendere, prehendere; in some senses, as 2 (b), either from, or influenced by, F. prix price. See Prison, Prehensile, and cf. Pry, and also Price.]

1. That which is taken from another; something captured; a thing seized by force, stratagem, or superior power.

I will depart my pris, or my prey, by deliberation.

His own prize,
Whom formerly he had in battle won.

2. Hence, specifically; (a) (Law) Anything captured by a belligerent using the rights of war; esp., property captured at sea in virtue of the rights of war, as a vessel. Kent. Brande & C. (b) An honor or reward striven for in a competitive contest; anything offered to be competed for, or as an inducement to, or reward of, effort.

I'll never wrestle for prize more.

I fought and conquered, yet have lost the prize.

(c) That which may be won by chance, as in a lottery.

3. Anything worth striving for; a valuable possession held or in prospect.

I press toward the mark for the prize of the high calling of God in Christ Jesus.
Phil. iii. 14.

4. A contest for a reward; competition. [Obs.] Shak.

5. A lever; a pry; also, the hold of a lever. [Written also prise.]

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