What is the Nobel Prize?

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The Nobel Prize
Every year since 1901 the Nobel Prize has been awarded for achievements in physics, chemistry, physiology or medicine, literature and for peace. The Nobel Prize is an international award administered by the Nobel Foundation in Stockholm, Sweden. In 1968, Sveriges Riksbank established The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. Each prize consists of a medal, personal diploma, and a cash award... More »
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The Nobel Peace Prize is one of the five prizes that Scandinavian inventor, Alfred Nobel, established. The prize is awarded by a committee of five people from the Norwegian parliament
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They are prizes given by the estate of Alfred Nobel, according to his will, in the areas of science, medicine, literature, economics and peace. Nobel was a Swedish chemist and the
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n. Any of the six international prizes awarded annually by the Nobel Foundation for outstanding achievements in the fields of physics, chemistry, physiology or medicine, literature,
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The Nobel Prize is a Swedish prize, established in the 1895 will of Swedish chemist Alfred
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1 Additional Answer

The Nobel Foundation, located in Sweden, was founded on the legacy of Alfred Nobel. Nobel was a talented inventor and businessman who held hundreds of patents. In his will, he designated a large portion of his earnings for those who dedicated their lives for science, art and peace. Nobel Prize winners are known as Noble Laureates. The term “Laureate” refers to a Greek tradition in which a person's achievements are honored with a laurel wreath. These wreaths signified a special status among the people. Each year’s Nobel Laureates are revealed at the beginning of October. On the anniversary of Alfred Noble’s death, December 10, the winners are officially honored by the Swedish monarch. There is a significant gender gap in Nobel Prize recipients; the award has been given to women 45 times since its inception. The youngest Nobel winner was just 25 when he received his prize. Nobel Prizes are generally presented in Stockholm, Sweden. The Nobel Peace Prize is awarded in Oslo, Norway.

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