The Nobel Prize  Swedish pronunciation

The Nobel prize Swedish definite form, singular: Nobelpriset; Norwegian: Nobelprisen) is a set of annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advance.

Posted 3 months ago in History and Facts.

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The will of the Swedish scientist Alfred Nobelestablished the five Nobel prizes in 1895. The prizes in Chemistry, Literature, Peace, Physics, and Physiology or Medicine were first awarded in 1901.[1][3][4] The prizes are widely regarded as the most prestigious awards available in the fields of chemistry, literature, peace activism, physics, and physiology or medicine.[5][6][7]

In 1968, Sweden's central bank, Sveriges Riksbank, established the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, which, although not a Nobel Prize,[8] has become informally known as the "Nobel Prize in Economics".[9][10][11]

The Royal Swedish Academy of Sciencesawards the Nobel Prize in Chemistry, the Nobel Prize in Physics, and the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel; the Nobel Assembly at the Karolinska Institute awards the Nobel Prize in Physiology or Medicine; the Swedish Academy grants the Nobel Prize in Literature; and the Norwegian Nobel Committee awards the Nobel Peace Prize.

Between 1901 and 2018, the Nobel Prizes (and the Prizes in Economic Sciences, from 1969 on) were awarded 590 times to 935 people and organizations.[1] With some receiving the Nobel Prize more than once, this makes a total of 27 organizations and 908 individuals.[1][12] The prize ceremonies take place annually in Stockholm, Sweden (with the exception of the Peace Prize ceremony, which is held in Oslo, Norway). Each recipient (known as a "laureate") receives a gold medal, a diploma, and a sum of money that has been decided by the Nobel Foundation. (As of 2017, each prize is worth 9,000,000 SEK, or about US$1,110,000, €944,000, £836,000 or ₹73,800,000.[13]) Medals made before 1980 were struck in 23-carat gold, and later in 18-carat green gold plated with a 24-carat gold coating.

The prize is not awarded posthumously; however, if a person is awarded a prize and dies before receiving it, the prize may still be presented.[14] A prize may not be shared among more than three individuals, although the Nobel Peace Prize can be awarded to organizations of more than three people.Nomination forms are sent by the Nobel Committee to about 3,000 individuals, usually in September the year before the prizes are awarded. These individuals are generally prominent academics working in a relevant area. Regarding the Peace Prize, inquiries are also sent to governments, former Peace Prize laureates, and current or former members of the Norwegian Nobel Committee. The deadline for the return of the nomination forms is 31 January of the year of the award. The Nobel Committee nominates about 300 potential laureates from these forms and additional names.
The nominees are not publicly named, nor are they told that they are being considered for the prize. All nomination records for a prize are sealed for 50 years from the awarding of the prize.

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