"An award, sometimes called a distinction, is something given to a recipient as a token of recognition of excellence in a certain field. When the token ...
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is a medal, ribbon or other item designed for wearing, it is known as a decoration.
An award may be described by three aspects: 1) who is given 2) what 3) by whom, all varying according to purpose.
The recipient is often an individual, such as a student or athlete, or a representative of a group of people, be it an organisation, a sports team or a whole country. The award item may be a decoration, that is an insignia suitable for wearing, such as a medal, badge, or rosette (award). It can also be a token object such as certificate, diploma, championship belt, trophy, or plaque. The award may also be or be accompanied by a title of honor, as well as an object of direct value such as prize money or a scholarship." - (en.wikipedia.org 28.11.2023)
