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award

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noun [countable] award pronunciation in British English /əˈwɔː(r)d/ 
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singularaward
pluralawards
  1. 1
    a prize or other reward that is given to someone who has achieved something

    She won the Player of the Year award.

    award for:

    an award for outstanding services to the industry

  2. 2
    an amount of money that the government or another organization gives to someone so that they are able to do something

    Students may apply for an award for payment of fees.

    a major academic award

    1. a.
      an amount of money or a judgment given by a court of law

      an award of major damages/compensation

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