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 ?
In addition to receiving these local and national awards in Denver, Bonnie was also inducted as a Master of the ADAA.
Princess Grace Awards Christine Giancatarino; New York, NY 212.
IABC could not conduct this world-class awards program without the generous support of friends like our Platinum Gold Quill sponsor, Towers Perrin.
Honoring PIMA's roots as the former American Pulp and Paper Mill Superintendents Association, this award recognizes a papermaker who has shown the high personal standards and professional management qualities that contribute to the betterment of those under his or her management and in the industry.
This year, awards are also being presented for Community Impact--USTs (underground storage tank cleanup projects) and Community Impact--Mine Scarred Lands.
The award recognizes exceptional dedication, professionalism and tactical expertise in the strike community.
Chapter 2 contains the Acquisition Leadership Awards, including the John J.
Supreme Court eventually overturned the award in the BMW case, providing three guidelines for determining whether punitive awards are excessive: the reprehensibility of the defendant's conduct; whether there is a "reasonable ratio" between punitive and compensatory awards; and a comparison of the punitive damages with the civil or criminal penalties that could be imposed for the same acts.
The Goodyear Medal Award consists of $6,000, a framed certificate, lifetime Rubber Division membership and $1,000 for expenses incurred incidental to attending the awards ceremony, as well as two nights lodging at the Division meeting.
All members of the association have the right to nominate people for ACA recognition awards.