What is another word for consolation prize?
Pronunciation: [kɒnsəlˈe͡ɪʃən pɹˈa͡ɪz] (IPA) 
A consolation prize is a reward or compensation given to someone who has lost or failed, but it is not what they were hoping for. Synonyms for consolation prize include booby prize, runner-up prize, second place, participation trophy, token, compensation, and remuneration. Booby prize is often used in humorous contests, while runner-up prize is awarded to the person or team that comes in second. Participation trophy is frequently given to children who participate in sports or other activities, regardless of whether they win or lose. Token and remuneration refer to a small amount given to show appreciation or gratitude, while compensation is given to make up for a loss or injury.
