award Definition in the Cambridge English Dictionary
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Definition of “award” - English Dictionary

Definition of "award" - American English Dictionary

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awardverb [T]

 us   /əˈwɔrd/
to give something ​valuable, such as ​money or a ​prizefollowing an ​officialdecision: Her ​poodle was awarded first ​prize in the ​dog show. Their ​company was awarded a ​contractworth $40 million by the ​federalgovernment.
award
noun [C]  us   /əˈwɔrd/
Marion Jones ​won the Jesse Owens award as the ​outstandingathlete of the ​year.
(Definition of award from the Cambridge Academic Content Dictionary © Cambridge University Press)

Definition of "award" - British English Dictionary

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awardverb [T]

uk   /əˈwɔːd/  us   /-ˈwɔːrd/
B2 to give ​money or a ​prizefollowing an ​officialdecision: Carlos was awarded first ​prize in the ​essaycompetition. The ​jury awarded ​libeldamages of £100,000. [+ two objects] The ​university has awarded her a $500 ​travelgrant.
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awardnoun [C]

uk   /əˈwɔːd/  us   /-ˈwɔːrd/
B2 a ​prize or an ​amount of ​money that is given to someone ​following an ​officialdecision: 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)

Definition of "award" - Business English Dictionary

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awardnoun [C]

uk   us   /əˈwɔːd/
a ​prize or a ​sum of ​money that a ​person or ​organization is given for an ​achievement: A new ​digitalinnovation award is ​aimed at ​media that uses the latest ​technology to make an ​improvement in ​delivery of ​newsservices.an award for sth A recently ​launchedadvertisingagency got an award for best ​marketingcampaign of 2009. Four finalists ​shared the ​topcash award of $160,000.accept/receive/win an award The ​airline received an ​environmental award for ​workrelating to carbon-emissions ​reduction.give/make/present an award We have no hesitation in giving an award to this interesting ​example of large-scale ​urbanregeneration.
LAW a ​sum of ​money that a ​court of ​law decides is ​owed by a ​company, ​organization, or ​person to someone they have ​treatedunfairly, ​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 ​railcompanychallenged the ​compensationpayout, ​claiming that the ​damages award was ​excessive.
HR, MANAGEMENT an ​amount of ​moneypaid by a ​company to an ​employee as an ​increase in ​income or as a ​specialpayment for ​success: an award for sth Awards for all 600 ​executives have been ​ruled out as the ​groupstruggles to ​recover from a catastrophic 12-month ​period. As ​head of the bank's US ​creditbusiness, 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   us   /əˈwɔːd/
to ​officially give ​work, a ​sum of ​money, etc. to a ​company or ​organization: Firms making ​bigcampaigncontributions are often awarded ​lucrativegovernmentgrants.award a grant/contract (to sb) The Pentagon has awarded a $520 million ​contract to the ​constructioncompany.award sb sth The ​company awarded them the concrete ​subcontract on the five-story ​parkingstructure.
LAW if a ​court awards a ​sum of ​money to someone who has been ​unfairlytreated, ​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 ​libelaction.award sth to sb/award sb sth The ​jury will award $1.78 million in ​compensation and more than $99 million in ​punitivedamages to victims. award sth in ​damages/​compensation/​costs
HR, MANAGEMENT to give an ​employee an ​increase in ​income or a ​specialpayment 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 ​annualpayrises to ​staff.be awarded sth Many of the ​investment bank's ​employees have been awarded much ​smallerperformancebonuses 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 Business English

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