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Prize is a term used in admiralty law
Admiralty law

Admiralty law is a distinct body of law which governs maritime questions and offenses. It is a body of both domestic law governing maritime activities, and Conflict of laws governing the relationships between private entities which operate vessels on the oceans....
 to refer to equipment, vehicles, and vessels
Vessels

Vessels are a post-rock band from Leeds, UK. Vessels were born from the ashes of A Day Left in September 2005.On 5 March 2007, the band released a limited 7" single through Cuckundoo Records, and have been tipped by BBC BBC Radio 1 as one of the hottest new bands in the country....
 captured during armed conflict. The most common use of prize in this sense is the capture of an enemy ship
Ship

A ship is a large watercraft that floats on water. Ships are generally distinguished from boats based on size. Ships may be found on lakes, seas, and rivers and they allow for a variety of activities, such as the ferry or cargo ships, fishing, cruise ship, Coast guard, and warship....
 and its cargo
Cargo

Cargo refers to goods or produce transported, generally for Commerce gain, by Cargo ship, Cargo airline, Train#Freight trains, van or truck. In modern times, containers are used in most intermodal freight transport long-haul cargo transport....
. In the past, it was common that the capturing force would be allotted a share of the worth
Prize money

Generally, prize money or purse is a money prize awarded for winning or coming a place in a competition. Prize money also has a distinct meaning in naval warfare; it was a monetary reward paid out to the crew of a ship for capturing an enemy vessel....
 of the captured prize. Nations often granted letters of marque which would entitle private parties to capture enemy property
Property

Property is any physical or virtual entity that is ownership by an individual or jointly by a group of individuals. An owner of property has the right to consumption, sell, Renting, mortgage, transfer and exchange his or her property....
, usually ships.






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Prize is a term used in admiralty law
Admiralty law

Admiralty law is a distinct body of law which governs maritime questions and offenses. It is a body of both domestic law governing maritime activities, and Conflict of laws governing the relationships between private entities which operate vessels on the oceans....
 to refer to equipment, vehicles, and vessels
Vessels

Vessels are a post-rock band from Leeds, UK. Vessels were born from the ashes of A Day Left in September 2005.On 5 March 2007, the band released a limited 7" single through Cuckundoo Records, and have been tipped by BBC BBC Radio 1 as one of the hottest new bands in the country....
 captured during armed conflict. The most common use of prize in this sense is the capture of an enemy ship
Ship

A ship is a large watercraft that floats on water. Ships are generally distinguished from boats based on size. Ships may be found on lakes, seas, and rivers and they allow for a variety of activities, such as the ferry or cargo ships, fishing, cruise ship, Coast guard, and warship....
 and its cargo
Cargo

Cargo refers to goods or produce transported, generally for Commerce gain, by Cargo ship, Cargo airline, Train#Freight trains, van or truck. In modern times, containers are used in most intermodal freight transport long-haul cargo transport....
. In the past, it was common that the capturing force would be allotted a share of the worth
Prize money

Generally, prize money or purse is a money prize awarded for winning or coming a place in a competition. Prize money also has a distinct meaning in naval warfare; it was a monetary reward paid out to the crew of a ship for capturing an enemy vessel....
 of the captured prize. Nations often granted letters of marque which would entitle private parties to capture enemy property
Property

Property is any physical or virtual entity that is ownership by an individual or jointly by a group of individuals. An owner of property has the right to consumption, sell, Renting, mortgage, transfer and exchange his or her property....
, usually ships. Once the ship was secured on friendly territory, it would be made the subject of a prize case, an in rem
In rem

In rem is Latin for "in a thing". In a lawsuit, an action in rem is directed towards some specific piece of property, rather than being a claim for, say, monetary compensation against a person ....
 proceeding in which the court determined the status of the condemned property and the manner in which it was to be disposed of. Due to changes in the laws of war
Laws of war

The law of war is law concerning acceptable practices relating to war. In cases other than civil wars, it is considered an aspect of public international law ....
 and the nature of war
War

...
fare in general, prize litigation is very rare or nonexistent today. For example, the German commerce raiding
Commerce raiding

Commerce raiding is to destroy the logistics of an enemy on the open sea, rather than engaging the combatants themselves or enforcing a blockade against them....
 during World War I
World War I

World War I, or the First World War , was a global military conflict which involved the Great powers, organized into two opposing military alliances: the Allies of World War I and the Central Powers....
 obtained several ships as prizes.

There have been several abortive attempts to form an International Prize Court
International Prize Court

The capturing of Prize s during wartime is a tradition that goes back as far as organized warfare itself.The International Prize Court was an international judicial institutions proposed at the beginning of the 20th century, to hear prize cases....
 to hear appeals regarding captures of prizes.

Municipal law


United States

Prize law
LAW

LAW may refer to:* Anti-tank warfare, e.g. the US Army M72 LAW or the British Army LAW 80*Palestinian Society for the Protection of Human Rights ...
 under United States municipal law
Municipal law

Municipal law is the national, domestic, or internal law of a Sovereignty state defined in opposition to international law. Municipal law includes not only law at the national level, but law at the state, provincial, territorial, regional or local levels....
 is codified at . As noted above, due to changes in the nature of naval warfare
Naval warfare

Naval warfare is combat in and on seas, oceans, or any other major bodies of water such as large lakes and wide rivers....
, the U.S. courts have not tried any prize cases under these statutes.

See also

  • Pillaging or Looting
    Looting

    Looting , to rob, sacking, plundering, despoiling, or pillaging is the indiscriminate taking of goods by force as part of a military or political victory, or during a catastrophe or riot, such as during war, natural disaster, or rioting....
  • Prize rules
  • Prize court
    Prize court

    A prize court is a court authorized to consider whether or not a ship has been lawfully captured or seized in time of war or under the terms of the seizing ship's letters of marque and reprisal....
  • Prize crew
    Prize crew

    Prize crew is a term used to indicate a number of crew members of a ship chosen to take over the operations of a captured ship....
  • Prize money
    Prize money

    Generally, prize money or purse is a money prize awarded for winning or coming a place in a competition. Prize money also has a distinct meaning in naval warfare; it was a monetary reward paid out to the crew of a ship for capturing an enemy vessel....
  • Commerce raiding
    Commerce raiding

    Commerce raiding is to destroy the logistics of an enemy on the open sea, rather than engaging the combatants themselves or enforcing a blockade against them....
  • Privateer
    Privateer

    A privateer was a private warship authorized by a country's government by letters of marque to attack foreign shipping. Strictly, a privateer was only entitled by its state to attack and rob enemy vessels during wartime....