Prizefight (noun)

1. A prize fight is a competition in which two people fight each other with the aim of winning a prize or money.
2. It is a term used specifically to describe a boxing match that is arranged for a cash prize.

Origin:

The word prizefight came into existence in the late 17th century, derived from prize + fight. the prize refers to a monetary award, while fight refers to a physical combat between two people.

Examples:

1. Muhammad Ali and Joe Frazier had three of the most famous prizefights of the 20th century.
2. The prizefight was organized by a promoter who wanted to make money from the event.
3. The prizefight was held in Las Vegas and attracted a huge crowd.
4. The prizefight was broadcast live on television and millions of people tuned in to watch it.
5. The prize money for the prizefight was a substantial sum, which made it worth the risk of injury for the fighters.