The Collaborative International Dictionary of English v.0.48:

Prize \Prize\, v. t. [imp. & p. p. Prized; p. pr. & vb. n.
   Prizing.] [F. priser, OF. prisier, preisier, fr. L.
   pretiare, fr. pretium worth, value, price. See Price, and
   cf. Praise.] [Formerly written also prise. ]
   [1913 Webster]
   1. To set or estimate the value of; to appraise; to price; to
      rate.
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            A goodly price that I was prized at.  --Zech. xi.
                                                  13.
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            I prize it [life] not a straw, but for mine honor.
                                                  --Shak.
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   2. To value highly; to estimate to be of great worth; to
      esteem. "[I] do love, prize, honor you. " --Shak.
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            I prized your person, but your crown disdain.
                                                  --Dryden.
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The Collaborative International Dictionary of English v.0.48:

Prizing \Priz"ing\, n. [See 2d Prize.]
   The application of a lever to move any weighty body, as a
   cask, anchor, cannon, car, etc. See Prize, n., 5.
   [1913 Webster]