conferment; act of conferring
Formal term for bestowing an honor, gift, or right. Often used in official or ceremonial contexts.
The conferment ceremony for the medal was held.
Receive the conferment of the title of honorary citizen.
Compound of 付 (attach, grant) and 嘱 (entrust, commission). The exact historical derivation is uncertain, but the combination conveys the idea of formally bestowing something upon someone.