Booby: Prize

A is a prize given to the person or team that finishes last in a game or contest, often as a lighthearted or ironic award . While traditionally it signifies the worst performance, it can sometimes be used to jokingly honor a last-place finisher.

(like a wooden spoon or gag gift)?

A practical joke or hazardous device, which also originates from the 17th-century use of "booby" for a fool. booby prize

Origins of the phrase in literature or popular culture? A is a prize given to the person

​Sweden's AP funds hit back after booby prize from journalists A practical joke or hazardous device, which also

It can be used to describe an unwanted award or a negative outcome in a professional context, such as a "Booby Prize" awarded by journalists for low transparency in investment funds. Distinctions: Booby Prize: A prize for coming in last.