The difference between Lot and Prize
When used as nouns, lot means a large quantity or number, whereas prize means that which is taken from another.
When used as verbs, lot means to allot, whereas prize means to consider highly valuable.
Prize is also adjective with the meaning: having won a prize.
check bellow for the other definitions of Lot and Prize
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Lot as a noun:
A large quantity or number; a great deal.
Examples:
"to spend a lot of money; lots of people think so"
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Lot as a noun:
A separate portion; a number of things taken collectively.
Examples:
"a lot of stationery"
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Lot as a noun:
One or more items auctioned or sold as a unit, separate from other items.
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Lot as a noun (informal):
A number of people taken collectively.
Examples:
"a sorry lot; a bad lot'"
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Lot as a noun:
A distinct portion or of land, usually smaller than a field.
Examples:
"a building lot in a city"
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Lot as a noun:
That which happens without human design or forethought; chance; accident; hazard; fortune; fate.
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Lot as a noun:
Anything (as a die, pebble, ball, or slip of paper) used in determining a question by chance, or without human choice or will.
Examples:
"to cast lots; to draw lots'"
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Lot as a noun:
The part, or fate, that falls to one, as it were, by chance, or without his planning.
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Lot as a noun:
A prize in a lottery.
Examples:
"rfquotek Evelyn"
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Lot as a noun:
Allotment; lottery.
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Lot as a noun (definite, '''the lot'''):
All members of a set; everything.
Examples:
"The table was loaded with food, but by evening there was nothing but crumbs; we had eaten the lot."
"If I were in charge, I'd fire the lot of them."
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Lot as a noun:
An old unit of weight used in many European countries from the Middle Ages, often defined as 1/30 or 1/32 of a (local) pound.
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Lot as a verb (transitive, dated):
To allot; to sort; to apportion.
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Lot as a verb (US, informal, dated):
To count or reckon (on or upon).
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Prize as a noun:
That which is taken from another; something captured; a thing seized by force, stratagem, or superior power.
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Prize as a noun (military, nautical):
Anything captured by a belligerent using the rights of war; especially, property captured at sea in virtue of the rights of war, as a vessel.
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Prize as a noun:
An honour or reward striven for in a competitive contest; anything offered to be competed for, or as an inducement to, or reward of, effort.
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Prize as a noun:
That which may be won by chance, as in a lottery.
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Prize as a noun:
Anything worth striving for; a valuable possession held or in prospect.
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Prize as a noun (obsolete):
A contest for a reward; competition.
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Prize as a noun:
A lever; a pry; also, the hold of a lever. Also spelled prise.
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Prize as a verb:
To consider highly valuable; to esteem.
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Prize as a verb (obsolete):
To set or estimate the value of; to appraise; to price; to rate.
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Prize as a verb:
To move with a lever; to force up or open; to prise or pry.
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Prize as a verb (obsolete):
To compete in a prizefight.
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Prize as an adjective:
Having won a prize; award-winning.
Examples:
"a prize vegetable"
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Prize as an adjective:
first-rate; exceptional
Examples:
"He was a prize fool."