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.
Segen's Medical Dictionary. © 2012 Farlex, Inc. All rights reserved.

award

(ă-ward′)
1. An amount of money paid to the party prevailing in a lawsuit.
2. A formal public recognition of excellence.
Medical Dictionary, © 2009 Farlex and Partners
References in periodicals archive ?
Deadline: 02-07-05; Number Awarded: 1 For attending the American Dance Festival
Hollins University Deana Lugar; Roanoke, VA 540.362.7431 dlugar@hollins.edu; www.hollins.edu Deadline: 12/01/2006; Number awarded: 9 Requirements: Admission to the Hollins MFA Dance program.
The Entrepreneur/Business of the Year Award, sponsored by Palmer Construction Group Inc., was awarded to Brian Tremblay Photography.
Finally, the loan package is closed, official documents are drawn, and the loan is awarded and funded to the holder of the new mortgage (borrower).
Nationally, graduation rates fell slightly during the 1990s; the ratio of the number of regular diplomas awarded to the number of 10th graders enrolled three years earlier declined from 77 percent in 1991 to 76 percent in 2001.
Research Grants will be awarded in three categories according to the career stage and employment circumstances of the applicants.
It is awarded to an ACA member who has already received a section award and continues to give service to at least three sections or districts.
(There were no Canadian Film Awards in 1974, so The Apprenticeship was awarded Best Feature Film for 1974 at the CFAs in 1975.)
John Smith was awarded $500.000 for physical injuries received in an industrial accident in bas employer's plant.
In many instances, the attorney's fees of the plaintiff awarded under 1988 exceed the damages awarded to the plaintiff.(7)