to describe something as good.
Alex: Yo man, that sandwhich was prize.

Mike: Cereal ?

Alex: Ya man, prize.

Mike: Like yo momma' !

Alex: Naw man.
by Flite13 July 21, 2009
Prize, n.
1. Beautiful, like a prize-winning pig.
Rosie ODonnell is a real prize.
by Lothario November 19, 2006
someone who has elevated themselves beyond being worthy of just being refered to as a regular cunt, to that of being worthy of earning an award, or medal, due to their extended concentration or consistency of cuntishness.
my boss is a walking talking arsehole, a prize cunt
by Scottie2Hottie April 24, 2006
An art prize for artists too obscure and ludicrous for even the Turner Prize. Entrants for the Briggsy Prize have included a lamb chop stuffed inside a small child's mitten, the word "talent" written on an Etch-a-sketch and a Christmas card torn in half next to a copy of the Scunthorpe Yellow Pages.
Art critic: What piece are you currently working on?

Artist: I've got a polystyrene box which I've painted purple and filled with baked apples. It represents the pain and despair of missing a phone call when you're in the shower.

Art critic: Should make the shortlist for the Briggsy Prize.
by Colin Cummerbund December 12, 2006
an "honor" bestowed upon the biggest n00b in a game/server/room

"omg u fuckin' suck here's your n00ble prize award fag"
by michelle teh h4x0r April 27, 2008