noun
literary prize; literary award
A prize awarded for literary works, such as novels, poetry, or criticism. Often used in the names of specific awards, e.g., 芥川賞 is a 文学賞.
彼女はその小説で文学賞を受賞した。
She won a literary prize for that novel.
賞 is a general term for 'prize' or 'award'; 文学賞 narrows it to the literary field.
Compound of 文学 (ぶんがく, 'literature') and 賞 (しょう, 'prize').