A trophy is a tangible, durable reminder of a specific achievement, and serves as recognition or evidence of merit. Trophies are often awarded for sporting events, from youth sports to professional level athletics. In many sports medals (or, in North America, rings) are often given out either as the trophy or along with more traditional trophies.
Originally the word trophy, derived from the Greek tropaion, referred to arms, standards, other property, or human captives and body parts (e.g., headhunting) captured in battle. These war trophies commemorated the military victories of a state, army or individual combatant. In modern warfare trophy taking is discouraged, but this sense of the word is reflected in hunting trophies and human trophy collecting by serial killers.
A slang term for an individual or team's collection of trophies is silverware.