el premio - award, prize, rewardSpanish example: El premio, una estatuilla dorada que representa un hombre sosteniendo una espada, se llama Oscar.
English example: The prize, a golden statuette that represents a man supporting a sword, is called an Oscar.
Source: el premio - award, prize, reward (https://www.123teachme.com/spanish_feeds/word_of_the_day/2020/8/29)