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Prize money

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Updated: Aug 20, 2021

The proceeds of the sale of property, particularly of ships, seized in war, and distributed among the captors in proportions that at sea seem to have favoured the senior members of the crew considerably.

Reference: The Penguin Business Dictionary , 3rd edt.


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James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.