award :
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a grant made by a law court; "he criticized the awarding of compensation by the court"
a tangible symbol signifying approval or distinction; "an award for bravery"
give, especially as a reward; "bestow honors and prizes at graduation"
give on the basis of merit; "Funds are granted to qualified researchers"
bestow an honor upon
something given for victory or superiority in a contest or competition or for winning a lottery; "the prize was a free trip to Europe"
     

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