Learn Swedish: Hon tog emot priset med ett leende. - She received the prize with a smile.

While få means "to get" or "to receive" in a passive sense, ta emot implies actively accepting, welcoming, or taking delivery of something. Since she is physically accepting an award, tog emot captures that active, deliberate action.

I recognize leende as the present participle meaning "smiling." How is it used as a noun here?

In Swedish, it is very common to turn present participles (words ending in -ande or -ende) into neuter nouns (taking ett) that represent the action or its result. From the verb le (to smile), we get ett leende (a smile). Another example is ett meddelande (a message) from meddela (to announce).

Does priset mean "the price" or "the prize"?

Context is key! The noun ett pris translates to both "a price" (what something costs) and "a prize" (an award). Here, receiving it with a smile clearly points to it being an award. The plural forms are also identical for both meanings (priser).

If I replaced priset with the pronoun det, where would it go in the sentence?