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A consolation prize given to the person who comes in last place in a competition.

Term used to convey distaste for the societal need to congratulate everyone who competes, especially losers.

Term may have been inspired by the character Dudley in the Harry Potter books. See Dudley.
Athlete 1: I'm sorry you finished last.
Athlete 2: It's alright. I got the Dudley Prize!
by Dallyport November 27, 2013
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