Difference between price and prize

Often confused words – price and prize

A lot of words in English vocabulary are very similar, but have different meanings. These two words are often confused in the English Language:

Price

• The price of something is how much we pay for it.

• – Excuse me! Could you tell me the price of these shoes, please?
• – Yes, of course. They are $49.99

• The clothes shop has started its sales, most prices are down 30%

Prize

• A prize is what you might get if you win a race.

• John won the provincial half-marathon, his prize was a years’ supply of sportswear.

• The school are holding a draw to raise funds for handicapped children. The first prize is a Christmas hamper valued at 80 euros.

For more English expressions go to Vocabulary INDEX