The noun award refers to a prize of some kind that indicates you’ve done well and achieved an honor. The verb form of award describes giving out one of these honors. So your teacher may award you the Math Genius award.

Award can be something given out by a court of law. For example, a judge might give you a monetary award when you win a lawsuit. Award can also be something you get when you're the big winner. The state lottery commission might award you $35 when you hit the lottery. Award comes from the Old English word weardian, meaning “guard” — which is exactly what you should do with that $35.

Definitions of award
  1. verb
    give, especially as an honor or reward
    synonyms: present
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    present someone with a certificate
    bestow, confer
    confer a miter on (a bishop)
    confer prosperity or happiness on
    confer an academic degree upon
    type of:
    allocate, apportion
    distribute according to a plan or set apart for a special purpose
  2. verb
    give as judged due or on the basis of merit
    “the referee awarded a free kick to the team”
    “the jury awarded a million dollars to the plaintiff”
    synonyms: grant
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    pension, pension off
    grant a pension to
    type of:
    cause to have, in the abstract sense or physical sense
  3. noun
    something given for victory or superiority in a contest or competition or for winning a lottery
    synonyms: prize
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    financial aid provided to a student on the basis of academic merit
    money granted (by a university or foundation or other agency) for advanced study or research
    an award (as for meritorious service) given without claim or obligation
    door prize
    tickets are passed out at the entrance to a dance or party or other social function and a prize is awarded to the holder of the winning ticket
    any outstanding award
    prize money
    any money given as a prize
    a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
    type of:
    something acquired without compensation
  4. noun
    a tangible symbol signifying approval or distinction
    “an award for bravery”
    synonyms: accolade, honor, honour, laurels
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    prize, trophy
    something given as a token of victory
    (Judaism) the honor of being called up to the reading desk in the synagogue to read from the Torah
    academic degree, degree
    an award conferred by a college or university signifying that the recipient has satisfactorily completed a course of study
    crown, pennant
    the award given to the champion
    cachet, seal, seal of approval
    an indication of approved or superior status
    citation, commendation
    an official award (as for bravery or service) usually given as formal public statement
    honorable mention, mention
    an official recognition of merit
    letter, varsity letter
    an award earned by participation in a school sport
    decoration, laurel wreath, medal, medallion, palm, ribbon
    an award for winning a championship or commemorating some other event
    an award for success in war or hunting
    an annual award by the Academy of Television Arts and Sciences for outstanding achievements in television
    Nobel prize
    an annual award for outstanding contributions to chemistry or physics or physiology and medicine or literature or economics or peace
    Academy Award, Oscar
    an annual award by the Academy of Motion Picture Arts and Sciences for achievements in motion picture production and performance
    Prix de Rome
    an annual prize awarded by the French government in a competition of painters and artists and sculptors and musicians and architects; the winner in each category receives support for a period of study in Rome
    Prix Goncourt
    an award given annually for contributions to French literature
    apple of discord
    (classical mythology) a golden apple thrown into a banquet of the gods by Eris (goddess of discord--who had not been invited); the apple had `for the fairest' written on it and Hera and Athena and Aphrodite all claimed it; when Paris (prince of Troy) awarded it to Aphrodite it began a chain of events that led to the Trojan War
    booby prize
    a prize given to one who finishes last in a contest
    bronze medal
    a trophy made of bronze (or having the appearance of bronze) that is usually awarded for winning third place in a competition
    cup, loving cup
    a large metal vessel with two handles that is awarded as a trophy to the winner of a competition
    gold medal
    a trophy made of gold (or having the appearance of gold) that is usually awarded for winning first place in a competition
    silver, silver medal
    a trophy made of silver (or having the appearance of silver) that is usually awarded for winning second place in a competition
    associate, associate degree
    a degree granted by a two-year college on successful completion of the undergraduates course of studies
    baccalaureate, bachelor's degree
    an academic degree conferred on someone who has successfully completed undergraduate studies
    honours, honours degree
    a university degree with honors
    master's degree
    an academic degree higher than a bachelor's degree but lower than a doctor's degree
    doctor's degree, doctorate
    one of the highest earned academic degrees conferred by a university
    law degree
    degree conferred on someone who successfully completes law school
    honorary degree, honoris causa
    a degree conferred to honor the recipient
    Congressional Medal of Honor, Medal of Honor
    the highest U.S. military decoration awarded for bravery and valor in action `above and beyond the call of duty'
    Distinguished Service Medal
    a United States military decoration for meritorious service in wartime duty of great responsibility
    Distinguished Service Cross
    a United States Army decoration for extraordinary heroism against an armed enemy
    Navy Cross
    a United States Navy decoration for extraordinary heroism against an armed enemy
    Distinguished Flying Cross
    a United States Air Force decoration for heroism while participating in an aerial flight
    Air Medal
    a United States Air Force decoration for meritorious achievement while participating in an aerial flight
    Silver Star, Silver Star Medal
    a United States military decoration for gallantry in action
    Bronze Star, Bronze Star Medal
    a United States military decoration awarded for meritorious service (except in aerial flight)
    Order of the Purple Heart, Purple Heart
    a United States military decoration awarded to any member of the armed forces who is wounded in action
    Oak Leaf Cluster
    a United States military decoration consisting of bronze or silver oak leaves and acorns awarded to anyone who has won a given medal before
    Victoria Cross
    a British military decoration for gallantry
    Distinguished Conduct Medal
    a British military decoration for distinguished conduct in the field
    Distinguished Service Order
    a British military decoration for special service in action
    Croix de Guerre
    a French military decoration for gallantry
    Medaille Militaire
    a French military decoration
    type of:
    an arbitrary sign (written or printed) that has acquired a conventional significance
  5. noun
    a grant made by a law court
    synonyms: awarding
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    (Roman law) a formal award by a magistrate of a thing or person to another person (as the award of a debtor to his creditor); a surrender to a master
    type of:
    grant, subsidisation, subsidization
    the act of providing a subsidy
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