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English definition of “award”

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award

verb [T] uk   /əˈwɔːd/ us    /-ˈwɔːrd/
B2 to give money or a prize following an official decision: Carlos was awarded first prize in the essay competition. The jury awarded libel damages of £100,000. [+ two objects] The university has awarded her a $500 travel grant.
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award

noun [C] uk   /əˈwɔːd/ us    /-ˈwɔːrd/
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 Learners Dictionary & Thesaurus © Cambridge University Press)
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