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- Dictionaryprize/prʌɪz/
noun
- 1. a thing given as a reward to the winner of a competition or in recognition of an outstanding achievement: "Britain's most prestigious prize for contemporary art" Similar
- 2. an enemy ship captured during the course of naval warfare: historical "the sloop had been taken as a prize"
adjective
- 1. having been or likely to be awarded a prize in a competition: "a prize bull" Similar Opposite
verb
- 1. value extremely highly: "the berries were prized for their healing properties"
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The Nobel Prizes (/ noʊˈbɛl / noh-BEL; Swedish: Nobelpriset [nʊˈbɛ̂lːˌpriːsɛt]; Norwegian: NobelprisenNorwegian: [nʊˈbɛ̀lːˌpriːsn̩] ⓘ) are five separate prizes awarded to those who, during the preceding year, have conferred the greatest benefit to humankind, as established by the 1895 will of Swedish chemist, engineer, and industrialist Alfred N...
Oct 7, 2024 · The awards, which are also given for achievements in physics, chemistry, literature and peace, come with a prize amount of 11 million Swedish crowns ($1.1 million) while the recognition alone can ...
Dec 10, 2023 · The current amount is at SEK 11 million per full Nobel Prize. A Nobel Prize can be awarded to up to three laureates who share the prize sum. Find out more about the prize amounts throughout history.
The Nobel Prize amounts. On 27 November 1895, a year before his death, Alfred Nobel signed the famous will which would implement some of the goals to which he had devoted so much of his life.
- Overview
- The selection process
Nobel Prize, any of the prizes (five in number until 1969, when a sixth was added) that are awarded annually from a fund bequeathed for that purpose by the Swedish inventor and industrialist Alfred Nobel. The Nobel Prizes are widely regarded as the most prestigious awards given for intellectual achievement in the world. To browse Nobel Prize winners alphabetically, chronologically, and by prize, see below.
In the will he drafted in 1895, Nobel instructed that most of his fortune be set aside as a fund for the awarding of five annual prizes “to those who, during the preceding year, shall have conferred the greatest benefit on mankind.” These prizes as established by his will are the Nobel Prize for Physics, the Nobel Prize for Chemistry, the Nobel Prize for Physiology or Medicine, the Nobel Prize for Literature, and the Nobel Prize for Peace. The first distribution of the prizes took place on December 10, 1901, the fifth anniversary of Nobel’s death. An additional award, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was established in 1968 by the Bank of Sweden and was first awarded in 1969. Although not technically a Nobel Prize, it is identified with the award; its winners are announced with the Nobel Prize recipients, and the Prize in Economic Sciences is presented at the Nobel Prize Award Ceremony.
The prestige of the Nobel Prize stems in part from the considerable research that goes into the selection of the prizewinners. Although the winners are announced in October and November, the selection process begins in the early autumn of the preceding year, when the prize-awarding institutions invite more than 6,000 individuals to propose, or nominate, candidates for the prizes. Some 1,000 people submit nominations for each prize, and the number of nominees usually ranges from 100 to about 250. Among those nominating are Nobel laureates, members of the prize-awarding institutions themselves; scholars active in the fields of physics, chemistry, economics, and physiology or medicine; and officials and members of diverse universities and learned academies. The respondents must supply a written proposal that details their candidates’ worthiness. Self-nomination automatically disqualifies the nominee. Prize proposals must be submitted to the Nobel Committees on or before January 31 of the award year.
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On February 1 the six Nobel Committees—one for each prize category—start their work on the nominations received. Outside experts are frequently consulted during the process in order to help the committees determine the originality and significance of each nominee’s contribution. During September and early October the Nobel Committees have accomplished their work and submit their recommendations to the Royal Swedish Academy of Sciences and the other prize-awarding institutions. A committee’s recommendation is usually but not invariably followed. The deliberations and the voting within these institutions are secret at all stages. The final decision by the awarders must be made by November 15. Prizes may be given only to individuals, except the Peace Prize, which may also be conferred upon an institution. An individual may not be nominated posthumously, but a winner who dies before receiving the prize may be awarded it posthumously, as with Dag Hammarskjöld (for peace; 1961), Erik Axel Karlfeldt (for literature; 1931), and Ralph M. Steinman (for physiology or medicine; 2011). (Steinman was named a winner several days after his death, which was unbeknownst to the Nobel Assembly. It was decided that he would remain a Nobel laureate, since the purpose of the posthumous rule was to prevent prizes being deliberately awarded to deceased individuals.) The awards may not be appealed. Official support, whether diplomatic or political, for a certain candidate has no bearing on the award process because the prize awarders, as such, are independent of the state.
- The Editors of Encyclopaedia Britannica
The grassroots movement of atomic bomb survivors from Hiroshima and Nagasaki, also known as Hibakusha, is receiving the Nobel Peace Prize for its efforts to achieve a world free of nuclear weapons and for demonstrating through witness testimony that nuclear weapons must never be used again.
2 days ago · Each Nobel Prize consists of a gold medal, a diploma bearing a citation, and a sum of money, the amount of which depends on the income of the Nobel Foundation. A Nobel Prize is either given entirely to one person, divided equally between two persons, or shared by three persons.
