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consolation prize

noun
1.
a prize, usually of minor value, given to the loser or runner-up in a contest, competition, etc., or to all losers who have performed well or met certain standards.
Origin of consolation prize
1885-1890
1885-90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for consolation prize

consolation prize

noun
1.
a prize given to console a loser of a game
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for consolation

13
17
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