award

transitive verb

1. : to give in accordance with a judicial or administrative determination or decision award punitive damages

2. : to grant as deserved awarded the contract to the lowest bidder

noun

1. a : a contract won by a successful bidder

   b : relief usually in the form of money (as damages or alimony) granted to a party in a legal proceeding

   a : a contract won by a successful bidder

   b : relief usually in the form of money (as damages or alimony) granted to a party in a legal proceeding