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Award Definition

–verb (used with object)
1. to give as due or merited; assign or bestow: to award prizes.
2. to bestow by judicial decree; assign or appoint by deliberate judgment, as in arbitration: The plaintiff was awarded damages of $100,000.
–noun
3. something awarded, as a payment or medal.
4. Law.
a. a decision after consideration; a judicial sentence.
b. the decision of arbitrators on a matter submitted to them.

From Dictionary

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