Ring will be needed if there's a prize with it (5)
I believe the answer is:
fight
'ring' is the definition.
The definition and answer can be both human attributes as well as being singular nouns.
Maybe there's a link between them I don't understand?
I cannot understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for fight that I've seen before include "Spar" , "Contend" , "Come to blows" , "(Take part in) battle" , "Conflict" .)