Definition of

Prize

Awards

A prize can be an award.

An award is a distinction , award or reward given to someone for some merit or service. The term, from the Latin praemium , refers to compensation in recognition of an effort or achievement .

For example: "The English singer received an award for his lifetime achievement and was applauded by thousands of people" , "Mario Vargas Llosa won the Nobel Prize for Literature in 2010" , "The authorities decided to give an award to the child with the highest GPA." among all the schools in the city « , «The poet refused to accept the award, in disagreement with the foreign policy of the United States» .

Awards in art

In the world of art , in all its forms, there are numerous competitions, many of which award prizes that boost the careers of the winners; For example, some literary prizes consist of the publication of the selected work and a considerable financial reward to its author. In these cases, artists have a much greater incentive than that generated by the promise of public recognition , since (for many people) winning means obtaining the opportunity to produce new works without having to maintain other occupations.

Obtaining a prize for a work of art, for an invention or for a performance is usually incorrectly associated with the quality of the product or presentation; Many people believe that the winner of a singing competition, for example, is the best singer of all those who have appeared at the casting. However, the variables to take into account when awarding first place to an artist are many, and some of them are drastically affected by circumstantial issues; In this case, the person's vocal health plays a fundamental role in their performance, and it is not something easy to control.

For writers, awards represent one of the most effective ways to make their books known and obtain the financial means to make writing their only occupation. In a world that tends to value cinema and music over books, it is very difficult for a literary artist to gain respect and support himself without having to do work unrelated to his passion; As if this were not enough, within literature there are genres not very appreciated by the masses, such as poetry, which adds a stone in the path of certain authors.

Statuette

In art, an award is recognition.

An incentive or compensation

A prize can also be compensation or an incentive that is provided with the purchase of a product or the use of a service .

An ice cream parlor can reward frequent customers who buy more than two kilos of ice cream per month with a bottle of champagne, while an electricity company can offer discounts as rewards to users who pay their bills without delay for more than twelve consecutive months.

Prizes and chance

In certain cases, prizes may be awarded through the intervention of chance . Raffles , raffles, pools and other types of games and contests offer prizes of cash or products (such as televisions, cars, etc.): «Don't miss the big end of the year raffle at Club El Progreso: "We will raffle three stereos, a bicycle and a trip to the Iguazú Falls," "My aunt won a motorcycle in a television contest."

Many companies resort to the type of contests that require the purchase of one of their products to participate, which strategically boosts their sales and increases their popularity momentarily, as long as the prizes are tempting and that everything is accompanied by an intelligent and attractive advertising campaign.