award

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award

A term of art used at the National Institutes of Health (US) for the provision of funds, or direct assistance in lieu of funds, based on an approved application and budget to provide general financial assistance to a person or organisation to carry out an activity or program. An award is a statement that funds have been obligated; this includes both direct and indirect costs, unless otherwise indicated.

award

(ă-ward′)
1. An amount of money paid to the party prevailing in a lawsuit.
2. A formal public recognition of excellence.
References in periodicals archive ?
The clean fuel project is aimed at upgrading and boosting capacity at all of contract awarder Kuwait National Petroleum Company's (KNPC) existing facilities.
According to handout issued here on Saturday, The officials awarder are included DSP Ahmed Saleem, PSO to CCPO, cash reward with C-II certificate, Inspector Muhammad Ghias, Reader CCPO, cash reward with C-II certificate, Inspector Rizwan Saeed, Incharge Complaint Cell, cash reward with C-II certificate, Sub-Inspector Muhammad Ramzan Reader Branch CCPO, certificate and cash prize, SI Iftikhar Ahmed Complaint Cell, certificate and cash prize, Sub-Inspector Muhammad Irfan Security Incharge CCPO Office, cash reward with C-II certificate, ASI Muhammad Younis Reader Branch, certificate and cash prize and Head Constable Sheikh Zahid Mehmood etc.