award

nouns

a grant made by a law court
"he criticized the awarding of compensation by the court"
award, awarding
a tangible symbol signifying approval or distinction
"an award for bravery"
accolade, award, honor, honour, laurels
something given for victory or superiority in a contest or competition or for winning a lottery
"the prize was a free trip to Europe"
award, prize

verbs

give, especially as an honor or reward
"bestow honors and prizes at graduation"
award, present
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"
award, grant