Bestowal (Noun)

A gift that is bestowed or conferred.

Nouns denoting possession and transfer of possession.

The bestowal of a scholarship to a deserving student can be a life-changing event.
The award was presented as a bestowal of recognition to the team for their outstanding achievement.
The crown was a symbol of the bestowal of royal authority upon the queen.
The elder's blessing was a bestowal of spiritual guidance and wisdom to the young couple.
The trust fund's bestowal of financial support to the charity enabled them to continue their good work.

The act of conferring an honor or presenting a gift.

Nouns denoting acts or actions.

The queen's bestowal of the medal on the young artist was a highlight of the ceremony.
The award ceremony marked the official bestowal of the Nobel Prize to the distinguished scientist.
The hospital's bestowal of the humanitarian award to the volunteer was a testament to her tireless service.
The nation celebrated the bestowal of the highest civilian honor on the revered historian.
The university's bestowal of an honorary degree on the renowned musician was met with thunderous applause.