The Goncourt Prize is a prestigious French literary award established in 1903. It is awarded annually to the author of the best and most imaginative prose work published in the French language. The prize is named after the Goncourt brothers, Edmond and Jules, who were writers and established the award in their will. The award is presented by the Académie Goncourt, a group of literary figures, and is highly regarded in the literary community. Winning the Goncourt Prize can significantly boost an author's visibility and sales, making it one of the most sought-after accolades in French literature.