Final answer:
The top prize at the Cannes Film Festival is called the Palme d'Or, which is awarded to the best film in the official competition. It is one of the most prestigious film awards in the world.
Step-by-step explanation:
The top prize at the Cannes Film Festival is called the Palme d'Or, which means 'Golden Palm' in French. It is awarded to the best film in the official competition. The Palme d'Or is considered one of the most prestigious film awards in the world and is presented by the festival's jury.
For example, in 2021, the Palme d'Or was awarded to the film 'Titane' directed by Julia Ducournau. Winning the Palme d'Or can greatly impact a film's success and recognition in the industry.
Other awards at the Cannes Film Festival include the Grand Prix, the Jury Prize, and Best Director, among others.