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Meaning of “award” in the English Dictionary

"award" in British English

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awardverb [T]

uk   /əˈwɔːd/ us   /əˈwɔːrd/

awardnoun [C]

uk   /əˈwɔːd/ us   /əˈwɔːrd/
B2 a prize or an amount of money that is given to someone following an official decision: They have authorized awards of £900 to each of the victims. the Academy Award for Best Director

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(Definition of award from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"award" in American English

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awardverb [T]

us   /əˈwɔrd/
to give something valuable, such as money or a prize following an official decision: Her poodle was awarded first prize in the dog show. Their company was awarded a contract worth $40 million by the federal government.
award
noun [C] us   /əˈwɔrd/
Marion Jones won the Jesse Owens award as the outstanding athlete of the year.
(Definition of award from the Cambridge Academic Content Dictionary © Cambridge University Press)

"award" in Business English

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awardnoun [C]

uk   /əˈwɔːd/ us  
a prize or a sum of money that a person or organization is given for an achievement: A new digital innovation award is aimed at media that uses the latest technology to make an improvement in delivery of news services.an award for sth A recently launched advertising agency got an award for best marketing campaign of 2009. Four finalists shared the top cash award of $160,000.accept/receive/win an award The airline received an environmental award for work relating to carbon-emissions reduction.give/make/present an award We have no hesitation in giving an award to this interesting example of large-scale urban regeneration.
LAW a sum of money that a court of law decides is owed by a company, organization, or person to someone they have treated unfairly, injured in an accident, etc.: Justice Andrew Reid confirmed that the award would total $15.5m.an award of sth The jury made an award of £380,000 in damages.make/uphold/grant an award An award for continuing cost of care for survivors of the crash was upheld by the Court of Appeal.compensation/compensatory/damage(s) award The rail company challenged the compensation payout, claiming that the damages award was excessive.
HR, MANAGEMENT an amount of money paid by a company to an employee as an increase in income or as a special payment for success: an award for sth Awards for all 600 executives have been ruled out as the group struggles to recover from a catastrophic 12-month period. As head of the bank's US credit business, she got an award of £2.18m.
a sum of money, work, etc. that is officially given to a company or organization: Including the Port Authority's $3 million award, the company got a total of $3.93 million in grants.
HR →  award wage

awardverb [T]

uk   /əˈwɔːd/ us  
to officially give work, a sum of money, etc. to a company or organization: Firms making big campaign contributions are often awarded lucrative government grants.award a grant/contract (to sb) The Pentagon has awarded a $520 million contract to the construction company.award sb sth The company awarded them the concrete subcontract on the five-story parking structure.
LAW if a court awards a sum of money to someone who has been unfairly treated, injured in an accident at work, etc., it orders the person, company, or organization that is responsible to pay it: be awarded $1 million/£250,000, etc. She was awarded £600,000 in damages as part of a libel action.award sth to sb/award sb sth The jury will award $1.78 million in compensation and more than $99 million in punitive damages to victims. award sth in damages/compensation/costs
HR, MANAGEMENT to give an employee an increase in income or a special payment as a reward for success: award sth to sb/award sb sth The Association has just announced that it will be awarding more than $14 million in annual pay rises to staff.be awarded sth Many of the investment bank's employees have been awarded much smaller performance bonuses than they were led to expect.
to give a prize or a sum of money to a person, company, or organization who has been very successful: be awarded sth The restaurant was one of only three to be awarded four Michelin stars this year. Nearly $72,000 in scholarships were awarded by about 30 companies.
(Definition of award from the Cambridge Business English Dictionary © Cambridge University Press)
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“award” in British English

“award” in American English

“award” in Business English

Avoiding common errors with the word enough.
Avoiding common errors with the word enough.
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