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English definition of “fellowship”

fellowship

noun (EDUCATION)    /ˈfel.əʊ.ʃɪp/ US  /-oʊ-/
[C] the position of a fellow (= a teacher of high rank at a college): He's been elected to a fellowship at Merton College.Qualifications in higher education [C] an amount of money that is given to postgraduates to allow them to study a subject at an advanced level: She's applied for a research fellowship.Grants and allowances
(Definition of fellowship noun (EDUCATION) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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friendship

a situation in which two people are friends

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