Definitions
- Referring to something given in recognition of good behavior or achievement. - Talking about a benefit or incentive for completing a task or reaching a goal. - Describing a positive outcome or consequence for an action or decision.
- Referring to something given as a reward for winning a competition or contest. - Talking about a valuable possession or item that is highly sought after. - Describing something that is considered an honor or distinction to receive.
List of Similarities
- 1Both involve receiving something of value.
- 2Both can be used as incentives or motivators.
- 3Both can be earned through effort or achievement.
- 4Both can be associated with positive outcomes or consequences.
- 5Both can be given as recognition or appreciation.
What is the difference?
- 1Value: Prize is often more valuable or prestigious than reward.
- 2Context: Reward can be given in various contexts, while prize is usually associated with competitions or contests.
- 3Subjectivity: Reward can be subjective and based on individual judgment, while prize is usually objective and based on specific criteria.
- 4Frequency: Reward can be given more frequently than prize, which is usually a one-time event.
Remember this!
Reward and prize are both words that refer to receiving something of value. However, the difference between them lies in their origin, value, context, subjectivity, and frequency. Reward is typically given by someone in authority and can be subjective, while prize is usually won through competition or contest and is objective. Prize is often more valuable or prestigious than reward, but it is usually a one-time event.
