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