award

Noun

• something given for victory or superiority in a contest or competition or for winning a lottery
  • the prize was a free trip to Europe
    

• a tangible symbol signifying approval or distinction
  • an award for bravery
    

• a grant made by a law court
  • he criticized the awarding of compensation by the court
    

Verb

• give as judged due or on the basis of merit
  • the referee awarded a free kick to the team
    
  • the jury awarded a million dollars to the plaintiff
    
  • Funds are granted to qualified researchers
    

• give, especially as an honor or reward
  • bestow honors and prizes at graduation
    

Related words

• Synonyms: 
  prize , accolade , honor , honour , laurels , awarding , grant , present