consolation prize 
noun
A prize given to a competitor who just fails to win or who has come last: two hundred runners-up will get a consolation prize figurative I just turned 40 and received a trip to Aspen as a consolation prize...
- If the Commonwealth Games is a consolation prize after the disappointment of two failed Olympic bids, it is proving a valuable one.
- As a softheaded liberal, I even like the idea that our competitive culture has a built-in consolation prize.
- But an incredible consolation prize is waiting for a team next season.
- scholarliness
- scholarly
- scholarship
- scholar's mate
- scholastic
- scholastically
- scholasticism
- scholiast
- scholiastic
- scholium
- school
- schoolable
- school age
- school attendance
- school bass
- school bell
- school board
- school board visitor
- schoolbook
- schoolboy
- schoolboy code
- schoolboy code of honor
- schoolboy code of honour
- schoolboy crush
- schoolboy days