Award definition: Copy, customize, and use instantly
Introduction
The term "Award" refers to a decision, typically issued by an authority or arbitrator, granting a benefit, compensation, or recognition based on certain criteria. It is used in legal contexts to signify the result of a determination or judgment in favor of one party.
Below are various examples of how "Award" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Award" as a financial award
This definition ties "Award" to financial compensation.
"Award" refers to a monetary or financial compensation granted by a court, tribunal, or arbitrator as part of a legal judgment or arbitration decision, typically to remedy a claim of damages or loss.
Definition of "Award" as a performance award
This definition connects "Award" to performance recognition.
"Award" means a recognition granted to an individual or entity based on outstanding performance or achievement, typically in the form of a certificate, trophy, or prize.
Definition of "Award" as an arbitration award
This definition links "Award" to arbitration.
"Award" refers to a formal decision rendered by an arbitrator or arbitration panel, determining the outcome of a dispute between parties, which is legally binding upon the parties involved.
Definition of "Award" as a contract award
This definition applies "Award" to contracts.
"Award" means the formal decision by a contracting authority to select a party to perform the obligations of a contract, often following a competitive bidding process or tendering procedure.
Definition of "Award" as an award in an intellectual property dispute
This definition connects "Award" to intellectual property.
"Award" refers to the decision rendered in an intellectual property dispute, typically by a court or tribunal, which may include a grant of damages, royalties, or other compensation to the prevailing party.
Definition of "Award" as an award in a personal injury case
This definition ties "Award" to personal injury cases.
"Award" means the compensation granted to a plaintiff in a personal injury case, typically including damages for medical expenses, pain and suffering, and lost wages as determined by a court or arbitrator.
Definition of "Award" as an award in a worker’s compensation case
This definition connects "Award" to worker’s compensation.
"Award" refers to the compensation or benefits granted to an employee under a worker's compensation claim, determined by a relevant body or authority, to address injury or illness sustained during employment.
Definition of "Award" as an award for legal costs
This definition links "Award" to legal costs.
"Award" means the decision to grant reimbursement for legal costs or attorney fees to a party who prevails in a legal dispute, as determined by a court or arbitration panel.
Definition of "Award" as an award in a wrongful termination case
This definition applies "Award" to wrongful termination.
"Award" refers to the compensation or other remedies granted to an employee who has been wrongfully terminated, as determined by a court or tribunal, which may include back pay, damages, and reinstatement.
Definition of "Award" as an award of damages
This definition ties "Award" to damages.
"Award" refers to the monetary or other compensation granted by a court or arbitration panel to a party who has suffered harm or loss, as part of the resolution of a legal dispute.
Definition of "Award" as an award in an antitrust case
This definition connects "Award" to antitrust cases.
"Award" refers to the compensation or penalty granted in an antitrust case, which may include restitution to affected parties, fines, or damages, as determined by a court or regulatory authority.
Definition of "Award" as an award in a class action lawsuit
This definition links "Award" to class actions.
"Award" refers to the compensation granted to the members of a class in a class action lawsuit, which may include financial restitution or other remedies as determined by the court overseeing the case.
Definition of "Award" as a performance-based award
This definition connects "Award" to performance metrics.
"Award" refers to the recognition or compensation granted based on the achievement of specific performance metrics or targets, typically in a business or organizational context.
Definition of "Award" as a promotional award
This definition ties "Award" to promotions.
"Award" means the prize or recognition given in connection with promotional activities, often granted as part of a competition or marketing initiative.
Definition of "Award" as a scientific research award
This definition applies "Award" to research.
"Award" refers to a grant or prize given to individuals or organizations in recognition of outstanding contributions to scientific research or innovation, typically funded by a research body or foundation.
Definition of "Award" as an award for academic achievement
This definition connects "Award" to academic achievement.
"Award" refers to a recognition or prize given to individuals based on academic performance, such as scholarships, diplomas, or honors granted by an educational institution.
Definition of "Award" as an award for exceptional service
This definition links "Award" to service recognition.
"Award" refers to the recognition granted for exceptional service or contributions, often in the form of a certificate, title, or prize, as determined by a relevant authority or organization.
Definition of "Award" as a statutory award
This definition ties "Award" to statutory compensation.
"Award" means compensation or benefits granted to an individual or group under statutory provisions, typically provided in compliance with labor laws or other legal requirements.
Definition of "Award" as a governmental award
This definition ties "Award" to government recognition.
"Award" refers to a prize, grant, or recognition granted by a governmental agency or authority, typically based on specific criteria or eligibility requirements, such as in the case of grants or public service recognition.
Definition of "Award" as a settlement award
This definition connects "Award" to settlements.
"Award" refers to a settlement sum granted to a party as part of the resolution of a dispute, often following negotiations or mediation, and may include monetary compensation, property, or other remedies.
Definition of "Award" as an award in a tax dispute
This definition links "Award" to tax disputes.
"Award" refers to the decision issued in a tax dispute, which may include the amount of taxes owed, a reduction in penalties, or other forms of financial compensation or restitution granted to the prevailing party.
Definition of "Award" as a sports award
This definition ties "Award" to sports.
"Award" refers to a prize or recognition granted to athletes or teams for exceptional performance or achievement in a sporting event or competition, often in the form of medals, trophies, or other tangible prizes.
Definition of "Award" as an award for compliance
This definition connects "Award" to compliance.
"Award" refers to the recognition or prize given to an individual or organization for achieving or exceeding compliance standards, such as in environmental, safety, or regulatory contexts.
Definition of "Award" as a grant award
This definition links "Award" to grants.
"Award" refers to the formal decision to provide financial assistance or support in the form of a grant, typically issued by a government, foundation, or institution, for the purpose of research, development, or other designated use.
Definition of "Award" as an award in a bankruptcy case
This definition ties "Award" to bankruptcy.
"Award" refers to the determination of compensation, settlement, or restitution granted to creditors, claimants, or other parties involved in a bankruptcy case, as decided by the bankruptcy court.
Definition of "Award" as a corporate award
This definition connects "Award" to corporate recognition.
"Award" refers to a recognition granted to an individual or entity within a corporate setting, often for exceptional business performance, leadership, or contribution to the company.
Definition of "Award" as a military award
This definition links "Award" to military recognition.
"Award" refers to a decoration or medal given to a member of the military for distinguished service, bravery, or achievement, granted by the military or government authority.
Definition of "Award" as an award for customer service excellence
This definition applies "Award" to customer service.
"Award" refers to a recognition given to individuals or companies for outstanding performance in customer service, often based on customer satisfaction metrics or other evaluation criteria.
Definition of "Award" as a professional recognition award
This definition ties "Award" to professional recognition.
"Award" means an honor or recognition given to an individual or organization in recognition of professional excellence, contributions, or accomplishments in a specific field or industry.
Definition of "Award" as a social impact award
This definition connects "Award" to social impact.
"Award" refers to the recognition given to individuals or organizations that have made significant contributions to social change or community development, often in the form of grants or prizes.
Definition of "Award" as a public service award
This definition links "Award" to public service.
"Award" means a prize or recognition granted to individuals or organizations in recognition of exceptional service or contributions to public welfare, often bestowed by government or nonprofit entities.
Definition of "Award" as a charitable award
This definition ties "Award" to charity.
"Award" refers to a recognition or prize granted to individuals or organizations for significant contributions to charitable causes or nonprofit efforts, often in the form of funding, grants, or accolades.
Definition of "Award" as an educational achievement award
This definition connects "Award" to education.
"Award" refers to recognition granted to students, teachers, or educational institutions for excellence in academics, research, or teaching, often in the form of scholarships, medals, or certificates.
Definition of "Award" as a humanitarian award
This definition links "Award" to humanitarian work.
"Award" refers to a recognition granted to individuals or organizations for their humanitarian efforts, often focusing on service to others and improving the well-being of marginalized communities.
Definition of "Award" as an award for excellence in innovation
This definition applies "Award" to innovation.
"Award" refers to a prize or recognition granted to individuals or organizations that have demonstrated outstanding innovation or breakthroughs in technology, business, or other fields.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.