noun
prize competition; prize; reward
Refers to a contest where prizes are offered, or the prize itself. Often used in compounds like 懸賞金 (prize money) or 懸賞問題 (prize question).
その雑誌は毎月懸賞を実施している。
The magazine runs a prize competition every month.
懸賞
I won a prize in a competition and received a travel voucher.