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Definition of award : 1. A judgment, sentence, or final decision. Specifically: The decision of arbitrators in a case submitted.
2. The paper containing the decision of arbitrators; that which is warded.
3. To determine; to make an award.
4. To give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case; to adjudge; as, the arbitrators awarded damages to the complainant.

Synonyms:

exhibit, deed over, destine, demonstrate, accolade, pose, swag, demo, loot, face, mete out, yield, vouchsafe, awarding, set apart, distribute, plunder, confront, laurels, salute, introduce, select, booty, show, portray, pillage, dirty money, appoint, apportion, portion out, concede, accord, scholarship, cede, study atprize, trophy, stage, represent, lay out, purity, confer, divide, honour, acquaint, pureness

dole, present, endow, bestow, expend, render, lavish, send, supply, provide, give, dispense, pay, contribute, attribute, deliver, ration, grant, impart, lend, offer, shower, assist, fund, donate, disburse, pledge, ascribe, allot, allow, furnish, assign, tender, share, submit, help, devote, extend, bequeath, serve, consign

incentive, enticement, carrot, wage, consideration, plum, bonus, payment, sweepstakes, temptation, stipend, wages, inducement, sweeten, lure, prize, atonement, amends, gift, treat, tribute, gratuity, sweetener, remunerate, remuneration, tempt, compensate, entice, honor, compensation, reward, induce, tip, stimulation, allowance, bounty, honorarium, allotment

Usage examples:

• The Crawford Company then offered their locked- out men an advance of nine cents a ton above the rate fixed for the union miners by the arbitration award.
• 11. What should receive the highest award in the gift of a people? - "Parent and Child Vol. III., Child Study and Training", Mosiah Hall.
• She died, between the finishing of labour and the award of praise. - "Emily Brontë", A. Mary F. (Agnes Mary Frances) Robinson.