consolation

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con|so|la|tion prize (consolation prizes)
1 [N-COUNT]
A consolation prize is a small prize which is given to a person who fails to win a competition.
2 [N-COUNT]
A consolation prize is something that is arranged for or is given to a person to make them feel happier when they have failed to achieve something better.
Her appointment was seen as a consolation prize after she lost the election.

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