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Award vs Endowment - What's the difference?

award | endowment | Related terms |

Award is a related term of endowment.


As nouns the difference between award and endowment

is that award is (legal) a judgment, sentence, or final decision specifically: the decision of arbitrators in a case submitted while endowment is something with which a person or thing is endowed.

As a verb award

is (legal) to give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case; to adjudge; as, the arbitrators awarded damages to the complainant.

award

English

(wikipedia award)

Noun

(en noun)
  • (legal) A judgment, sentence, or final decision. Specifically: The decision of arbitrators in a case submitted.
  • (legal) The paper containing the decision of arbitrators; that which is warded.
  • A trophy or medal; something that denotes an accomplishment, especially in a competition. A based on merit.
  • (obsolete) Care, keeping.
  • *, Bk.VIII, Ch.ix:
  • *:Than the kynge for grete favour made Tramtryste to be put in his doughtyrs awarde and kepying, because she was a noble surgeon.
  • A negotiated minimum wage that is set for a particular trade or industry; an .
  • *1970 , Kenneth Frederick Walker, Australian Industrial Relations Systems , p.242,
  • *:The AMIEU[(Australian Meat Industry Employees Union)] first developed into a powerful organisation in the early years of the twentieth century, and after the first industry-wide collective agreement was made in 1911, collective bargaining prevailed in the industry until 1917, when the employers sought an award' from the Queensland Industrial Court. The first ' award was issued on March 12, 1918.
  • *2000 , Mark Wooden, The Transformation of Australian Industrial Relations , p.42,
  • *:A further 17 per cent responded that the agreement replaced ‘most’ aspects of the award', leaving the large majority (67 per cent) claiming that the agreeement replaced only ‘some’ aspects of the ' award .
  • *2007 , (Australian Bureau of Statistics), 2007 Year book, Australia , p.182,
  • *:Employees whose pay is set by ‘award' only’ are those who have their pay set by an '''award''', and who are not paid more than the ' award rate of pay.
  • Verb

    (en verb)
  • (legal) To give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case; to adjudge; as, the arbitrators awarded damages to the complainant.
  • * Dryden
  • To review / The wrongful sentence, and award a new.
  • To determine; to make or grant an award.
  • to give an (prize) for merit
  • He was awarded the Nobel Prize for Literature.

    Synonyms

    * (make or grant an award) crown

    Derived terms

    * awardee * awarder

    endowment

    English

    Noun

    (en noun)
  • Something with which a person or thing is endowed.
  • * 1791 , , Letter to Thomas Jefferson on racism and slavery (19 August 1791):
  • I suppose it is a truth too well attested to you, to need a proof here, that we are a race of beings, who have long labored under the abuse and censure of the world; that we have long been looked upon with an eye of contempt; and that we have long been considered rather as brutish than human, and scarcely capable of mental endowments .
  • * 1958 , , Speech to the United Parents Association:
  • We must not, in opening our schools to everyone, confuse the idea that all should have equal chance with the notion that all have equal endowments .
  • * 1980 , Ray Broadus Browne, Rituals and ceremonies in popular culture , page 230:
  • the woman with larger-than-usual breasts will be initially perceived only as a sex object if she doesn't take steps to disguise her endowment .
  • * 1985 , , Interview on The Open Mind (11 May 1985):
  • What is … important is that we — number one: Learn to live with each other. Number two: try to bring out the best in each other. The best from the best, and the best from those who, perhaps, might not have the same endowment .
  • * 2006 , Natalie R. Collins, Wives and Sisters , page 54:
  • Tami also had huge breasts, and every teenage boy wanted to touch them. Tami, knowing she was not beautiful, used her endowment to great advantage.
  • Property or funds invested for the support and benefit of a person or not-for-profit institution.
  • * 1884 , , in chapter 8 of his novella Flatland :
  • Not content with the natural neglect into which Sight Recognition was falling, they began boldly to demand the legal prohibition of all "monopolizing and aristocratic Arts" and the consequent abolition of all endowments for the studies of Sight Recognition, Mathematics, and Feeling.
  • * 1932 , , after assuming the presidency of Rutgers, The State University of New Jersey
  • I seem to see a great university, great in endowment , in land, in buildings, in equipment, but greater still, second to none, in its practical idealism, and its social usefulness.
  • * {{quote-magazine, date=2013-07-06, volume=408, issue=8843, page=68, magazine=(The Economist)
  • , title= The rise of smart beta , passage=Investors face a quandary. Cash offers a return of virtually zero in many developed countries; government-bond yields may have risen in recent weeks but they are still unattractive. Equities have suffered two big bear markets since 2000 and are wobbling again. It is hardly surprising that pension funds, insurers and endowments are searching for new sources of return.}}

    Synonyms

    * (something with which a person or thing is endowed ): gift

    Derived terms

    * endowment mortgage