From Longman Dictionary of Contemporary Englishsilver medalˌsilver ˈmedal noun [countable] DSa medal made of silver that is given to the person who finishes second in a race or competition —silver medallist noun [countable]
Examples from the Corpus
silver medal• But realistically, the best anyone can hope for in 1996 is a silver medal.• In 1964, he won a silver medal in the 400 metres relay at the Tokyo Olympics.• His silver medal was therefore a tribute to his talent.• I eased down, just holding on for the silver medal, but it was the end of my Commonwealth Games.• Q: Would you have been satisfied with the bronze or the silver medal?