bestowment

Noun
  1. A gift that is bestowed or conferred (synset 113292960)
    is a type of: gift - something acquired without compensation
    same as: bestowal
  2. The act of conferring an honor or presenting a gift (synset 101088280)
    is a type of: gift, giving - the act of giving
    same as: bestowal, conferment, conferral

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