Prize Court Law and Legal Definition

A prize court is a court which has the power to adjudicate the captures made at sea in time of war. A prize court decides how such captured property has to be distributed. In England, prize court is a separate branch of the court of admiralty and the other branch is known as instance court. Whereas, in the U.S., there is no such distinction between prize courts and instance courts. The district courts has jurisdiction both as prize courts and instance courts.