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- Price is the monetary value attached to goods or services, determined by various factors like demand, supply, and production costs. It's what consumers pay to acquire something. On the other hand, a prize is a reward given for a specific achievement or victory, often in contests, competitions, or for recognition in a particular field.www.askdifference.com/price-vs-prize/
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Prize
something such as an amount of money that is given to a person or organization …
Price vs. Prize — What’s the Difference?
WEBMar 7, 2024 · Price refers to the amount of money required to purchase something, while a prize is an award given for winning a competition or excelling in a particular field.
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WEBNov 18, 2020 · For learners of English, the confusion between price and prize is often more connected to pronunciation than to the words’ meaning. That said, in some languages price and prize have just one …
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From 'praise, price, prize', a word meaning costly or valuable, as …
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