Conferment(noun)
To bestow (something (generally a good thing like an honor))
Hindi meaning:प्रदान
Synonyms: Bestowal, Conferral
Antonyms: Hold, Keep Back, Retain
Example: His performance in the cricket was now recognized by the conferment of the Padmashree award by the Government.
Forms: Confer, Conferred, Conferred
Trick to remember: Cannes film festival me irfan khan ko award conferment kiya. 
