prize

/ˈprīz/

Middle English pris prize, price

noun

  1. something offered or striven for in competition or in contests of chance; also : premium

  2. something exceptionally desirable

  3. a contest for a reward : competition

adjective

  1. awarded or worthy of a prize

  2. awarded as a prize

  3. entered for the sake of a prize

verb

  1. to estimate the value of : rate

  2. to value highly : esteem

appreciate value prize treasure cherish mean to hold in high estimation. appreciate often connotes sufficient understanding to enjoy or admire a thing's excellence. value implies rating a thing highly for its intrinsic worth.