Prize Promotion
/ˈpraɪz proʊˈmoʊʃən/
Definitions
- (n.) A marketing or promotional method where prizes are awarded to participants, often regulated to prevent gambling or deceptive practices.
The company launched a prize promotion giving away cash rewards to random participants.
Forms
- prize promotion
- prize promotions
Related terms
See also
Commentary
Prize promotions must comply with legal regulations distinguishing them from lotteries to avoid classification as illegal gambling.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.