1. noun /pɹaɪz/
a) That which is taken from another; something captured; a thing seized by force, stratagem, or superior power.
b) Anything captured by a belligerent using the rights of war; esp., property captured at sea in virtue of the rights of war, as a vessel.
2. verb /pɹaɪz/
a) To consider something highly valuable.
Wikipedia foundation.