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Prize

   Also found in: Dictionary/thesaurus, Legal, Idioms, Wikipedia, Hutchinson 0.01 sec.
prize, in maritime law, the private property of an enemy that a belligerent captures at sea. For the capture of the vessel or cargo to be lawful it must be made outside neutral waters and by authority of the belligerent. A prize court, in the territory of the belligerent or in that of an allied power, must adjudicate that the property belonged to an enemy national. After the prize is captured, it is ordinarily placed in charge of a prize master and sent into port for judicial proceedings; however, if the enemy character of the ship is readily apparent, it may be destroyed at sea (after passengers, crew, and ship's papers have been removed), with the captor's government being liable for the losses of neutrals. If the prize is sold before being adjudicated, the proceeds must be delivered to the court for distribution. In the case of condemnation, the entire proceeds go to the belligerent government. In the United States, since 1899, the crew of the vessel effecting capture has had no right to share in the profits of the sale. A prize court renders a decision on the basis of the ship's papers, the testimony of those on board, and other relevant factors. If the ship is not condemned, it is released and damages are awarded where no justifiable reason for its capture has been shown. Prize law initially developed from the desire of governments to share in the profits made by ships engaged in privateering privateering, former usage of war permitting privately owned and operated war vessels (privateers) under commission of a belligerent government to capture enemy shipping.
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. The governments also wished to minimize diplomatic claims for damages by establishing regular procedures for disposing of captures. Although they nominally apply international law, prize courts (in the United States, the federal courts) in awarding judgment have been influenced, or even bound, by the national law. To avoid this, prize cases are sometimes referred to international tribunals. Efforts to establish an international prize court with appellate jurisdiction, however, have not succeeded.

Bibliography

See J. W. Garner, Prize Law during the World War (1927); C. J. Colombos, Treatise on the Law of Prize (3d ed. 1949).


Prize
Prodigality (See DISSIPATION.)
Achsah
Caleb’s daughter; promised in marriage to conqueror of Debir. [O.T.: Joshua 15:16–19; Judges 1:12–15]
blue ribbon
denotes highest honor. [Western Folklore: Brewer Dictionary, 127]
Bollingen
annual prize for highest achievement in American poetry. [Am. Lit.: Hart, 88]
Emmy
awarded annually for best achievements in television programing and performance. [TV: Misc.]
Enrico Fermi Award
given for “exceptional and altogether outstanding achievement” in atomic energy. [Am. Hist.: Misc.]
Eva
to marry winner of singing contest. [Ger. Opera: Wagner, Meistersinger, Westerman, 225–228]
gold medal
traditional first prize. [Western Cult: Misc.]
Goncourt
annual award for best French fiction. [Fr. Lit.: NCE, 1106]
Grammy
awarded by the National Academy of Recording Arts and Sciences for the best in the recording field. [Am. Hist.: Misc.]
Guggenheim
annual fellowships for creative work. [Am. Hist.: Hart, 337]
Heisman Trophy
awarded to the outstanding college football player of the year by New York Athletic Club. [Am. Sports: Misc.]
laurel wreath
ancient award for victory. [Western Cult.: Brewer Dictionary]
Medal of Freedom
highest award given a U.S. citizen; established 1963. [Am. Hist.: Misc.]
National Book Award
given by the American Academy and Institute of Arts and Letters to outstanding works. [Am. Hist.: Misc.]
Newbery-Caldecott Medal
awarded by the American Library Association for outstanding children’s books. [Am. Hist.: Misc.]
Nobel
monetary awards for outstanding contributions benefiting mankind. [World. Hist.: Wheeler, 718]
Oscar
gold statuette awarded to film actors, directors, writers, technicians, etc. [Am. Cinema: Brewer Dictionary, 788]
Pulitzer
awards made in letters, music, and journalism. [Am. Hist.: Wheeler, 824]
Silken Threads
the three great prizes of honor in Lilliput. [Br. Lit.: Gulliver’s Travels]
Tony (Antoinette Perry Award)
presented annually for outstanding work in the Broadway theater. [Am. Hist.: Misc.]

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Hiram Sloane told me the other day that a big envelope addressed to the Rollings Reliable Baking Powder Company of Montreal had been dropped into the post office box a month ago, and she suspicioned that somebody was trying for the prize they'd offered for the best story that introduced the name of their baking powder.
Still I will give her up if I must, for I would have the people live, not die; but you must find me a prize instead, or I alone among the Argives shall be without one.
She resolutely said, "I know not whether Jupiter will allot the prize to my son, but this I do know, that he is at least in the eyes of me his mother, the dearest, handsomest, and most beautiful of all.
 
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