Award
/əˈwɔːd/
noun
A judgment, sentence, or final decision. Specifically: The decision of arbitrators in a case submitted.
The paper containing the decision of arbitrators; that which is warded.
A trophy or medal; something that denotes an accomplishment, especially in a competition. A prize or honor based on merit.
verb
To give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case; to adjudge
“the arbitrators awarded damages to the complainant”
To determine; to make or grant an award.
To give (an award).
“Four or five of these medals are awarded every year.”