Meaning & use
monetary award
Last updated
UK/ˈmʌnɪtri əˈwɔːd/
US/ˈmɑːnəteri əˈwɔːrd/
Meaning
nouncountableformal
A sum of money given to someone, either as a prize, a grant, or as payment ordered by a court or panel.
Grammar: Countable: a monetary award, several monetary awards.
Patterns
- receive a monetary award
- a monetary award of an amount
The jury granted a monetary award for the damage.
Winners will receive a monetary award and a certificate.
She donated her monetary award to charity.
Word forms
| plural | monetary awards |
|---|
Common combinations
- grant a monetary award
- The court may grant a monetary award for lost wages.
- receive a monetary award
- He received a monetary award for his research.
- substantial monetary award
- The company paid a substantial monetary award.
- monetary award of $5,000
- A monetary award of $5,000 was offered.
Synonyms and how they differ
- cash prize
- A cash prize is the casual way to describe money won in a contest.
- damages
- Damages is a legal word for money awarded for harm, and it does not cover prizes or grants.
- payout
- Payout is an informal word for any sum paid, such as from insurance, and is less formal than monetary award.
Opposites
Word family
Commonly confused: monetary award or monetary?
monetary award vs monetary
Monetary relates to money, while military relates to armed forces.
Practice
What is a monetary award?
Choose one answer.
Monetary means about money, so the award is a sum of cash. A medal or warning does not match.
Make it your own
Write a sentence using “monetary award”, then check it and compare it with the examples above.
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