Origin: 1250–1300; in senses referring to something seized, continuing Middle English prise something captured, a seizing < Middle French < Latin pre(hē)nsa, noun use of feminine past participle of pre(he)ndere to take; in senses referring to something won, spelling variant of price (Middle English pris(e)) since the late 16th century
"reward," 1590s, alteration of M.E. prise (c.1300 in this sense; see price). Prize-fighter is from 1703; prize-fight from 1824. Prized "highly esteemed" is from 1538.
"something taken by force," late 14c., from O.Fr. prise "a taking, seizing, holding," prop. fem. pp. of prendre "to take, seize," from L. prendere, contraction of prehendere (see prehensile). Especially of ships captured at sea (1512).