A final judgment or decision. The centerpiece of an award is usually a declaration that one party owes another a certain amount of money. Although the term often refers to the decisions of arbitrators and juries, it can also refer to the decisions of judges.
See, e.g. Dolan v. United States, 130 S.Ct. 2533 (2010).
Definition from Nolo’s Plain-English Law Dictionary
1) The written decision of an arbitrator or commissioner (or any nonjudicial arbiter) setting out the arbitratror's award. 2) The amount awarded in a money judgment to a party to a lawsuit, arbitration, or administrative claim. Example: "Plaintiff is awarded $27,000."
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:11 pm