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Prize
522. Prize
Prodigality (See DISSIPATION .) |
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Cite this article
"Prize." Allusions--Cultural, Literary, Biblical, and Historical: A Thematic Dictionary. 1986. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. "Prize." Allusions--Cultural, Literary, Biblical, and Historical: A Thematic Dictionary. 1986. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1G2-2505500531.html "Prize." Allusions--Cultural, Literary, Biblical, and Historical: A Thematic Dictionary. 1986. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1G2-2505500531.html |
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prize
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 . 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.
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"prize." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. "prize." The Columbia Encyclopedia, 6th ed.. 2011. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1E1-prize.html "prize." The Columbia Encyclopedia, 6th ed.. 2011. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1E1-prize.html |
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prize
prize1 / prīz/ • n. a thing given as a reward to the winner of a competition or race or in recognition of another outstanding achievement: the nation's most prestigious prize for contemporary art. ∎ a thing, esp. an amount of money or a valuable object, that can be won in a lottery or other game of chance: the grand prize in the drawing | [as adj.] prize money. ∎ something of great value that is worth struggling to achieve: the prize will be victory in the general election. ∎ chiefly hist. an enemy ship captured during the course of naval warfare. • adj. (esp. of something entered in a competition) having been or likely to be awarded a prize: prize onions a prize bull. ∎ denoting something for which a prize is awarded: a prize crossword. ∎ excellent of its kind; outstanding: a prize example of how well organic farming can function. ∎ complete; utter: you must think I'm a prize idiot. • v. [tr.] (often be prized) value extremely highly: the berries were prized for their healing properties| [as adj.] (prized) the bicycle was her most prized possession. prize2 (also prise) • v. another term for pry2 : prizing open the door he prized his left leg free. |
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Cite this article
"prize." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. "prize." The Oxford Pocket Dictionary of Current English. 2009. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O999-prize.html "prize." The Oxford Pocket Dictionary of Current English. 2009. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O999-prize.html |
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prize
prize, the name normally used to describe an enemy vessel captured at sea by a ship of war of a privateer. The word is also used to describe contraband cargo taken from a merchant ship and condemned in prize by a Court of Admiralty. In its strict and original legal definition, prize in Britain is entirely a right of the crown, and no man may share in prize except through the gift of the crown. Most other maritime nations had similar definitions of prize, limiting it by right to the ruling body from whom it issued by gift. With the growth of maritime trade, and therefore the increase in value of prize, nations passed their prize laws under which the taking and condemnation of prize cargoes was controlled. At the Hague Convention in 1907, international rules were adopted to regularize the capture of prize.
See also prize money. |
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Cite this article
"prize." The Oxford Companion to Ships and the Sea. 2006. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. "prize." The Oxford Companion to Ships and the Sea. 2006. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O225-prize.html "prize." The Oxford Companion to Ships and the Sea. 2006. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O225-prize.html |
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Prize
PRIZEAnything offered as a reward for a contest. It is distinguished from a bet or wager in that it is known before the event who is to give either the premium or the prize, and there is but one operation until the accomplishment of the act, thing, or purpose for which it is offered. In time of war, an enemy vessel or a ship captured at sea by a belligerent power. The fair market value of a prize or award is generally includible in gross income. Certain exceptions are provided where the prize or award is made in recognition of religious, charitable, scientific, educational, artistic, literary, or civic achievement providing certain other requirements are met. |
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Cite this article
"Prize." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. "Prize." West's Encyclopedia of American Law. 2005. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1G2-3437703508.html "Prize." West's Encyclopedia of American Law. 2005. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1G2-3437703508.html |
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prize
prize1 † booty XIV; ship, etc. captured at sea XVI. — (O)F. prise capture (of a ship), booty, captured vessel or cargo:- Rom. *prē(n)sa, sb. use of fem. pp. of *prēndere :— L. præhendere seize; became identified finally with PRIZE3.
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Cite this article
T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O27-prize.html T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O27-prize.html |
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prize
prize2 † estimate the value of; esteem highly. XIV. — OF. pris-, tonic stem of preisier PRAISE.
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Cite this article
T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O27-prize1.html T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O27-prize1.html |
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prize
prize4 lever up. XVII. f. (dial.) prize (XIV) levering instrument — OF. prise grasp, seizure, PRIZE1.
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Cite this article
T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O27-prize3.html T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O27-prize3.html |
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prize
prize3 reward for superiority in a contest. XVI. Differentiated sp. of pris(e), PRICE.
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Cite this article
T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O27-prize2.html T. F. HOAD. "prize." The Concise Oxford Dictionary of English Etymology. 1996. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O27-prize2.html |
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prize
prize n. an enemy ship captured during the course of naval warfare.
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Cite this article
"prize." The Oxford Essential Dictionary of the U.S. Military. 2001. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. "prize." The Oxford Essential Dictionary of the U.S. Military. 2001. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O63-prize.html "prize." The Oxford Essential Dictionary of the U.S. Military. 2001. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O63-prize.html |
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prize
prize •advise, apprise, apprize, arise, assize, capsize, chastise, comprise, demise, despise, devise, downsize, excise, flies, guise, incise, low-rise, misprize, outsize, previse, prise, prize, remise, revise, rise, size, surmise, surprise, uprise, wise
•archaize • heroize • ghettoize
•Judaize • bye-byes • disenfranchise
•propagandize • periodize • iodize
•merchandise • melodize
•gourmandize • methodize
•anthropomorphize • apostrophize
•elegize • analogize • syllogize
•anthologize, mythologize, psychologize, tautologize, theologize
•hierarchize
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Cite this article
"prize." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. 27 May. 2012 <http://www.encyclopedia.com>. "prize." Oxford Dictionary of Rhymes. 2007. Encyclopedia.com. (May 27, 2012). http://www.encyclopedia.com/doc/1O233-prize.html "prize." Oxford Dictionary of Rhymes. 2007. Retrieved May 27, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O233-prize.html |
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