This is the 475th most frequent Spanish word.
premio
"Premio" means "prize" or "award" in English.
In this sentence, 'premio' is used to signify a reward given for achievement or success in a specific event or contest.
Recibió un premio por ganar la competencia.
He received a prize for winning the competition.
In this usage, 'premio' is related to a personal reward or self-given acknowledgment for effort or dedication.
Trabajó muy duro, y como premio, se tomó unas vacaciones.
He worked very hard, and as a reward, he took a vacation.
Here, 'premio' refers to an acknowledgment or distinction given in recognition of excellence in a specific field or category.