The term 'PICKPOCKET's Prize' is a reference to the WALLET, which is a 6-letter word. A WALLET is a small, flat case that is used to carry personal items such as cash, credit cards, identification documents, and other small items. It is typically made of leather or fabric and is often secured with a zipper or snap closure. Pickpockets are criminals who specialize in stealing wallets from unsuspecting victims. The prize for a PICKPOCKET is the contents of the WALLET, which can include money, credit cards, and other valuable items.