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Noun: bestowment  bi'stow-munt
  1. A gift that is bestowed or conferred
    "Her bestowment of the family heirloom to her daughter was a touching moment";
    - bestowal
     
  2. The act of conferring an honour or presenting a gift
    "The bestowment of the Nobel Prize took place at a grand ceremony";
    - bestowal, conferral, conferment

Derived forms: bestowments

Type of: gift, giving