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Oscar

masc. proper name, Old English Osgar "god's spear," from gar "spear" (see gar) + os "god" (only in personal names), for which see Aesir.

The statuette awarded for excellence in film acting, directing, etc., given annually since 1928 was first so called in 1936. The common explanation of the name is that it sprang from a 1931 remark by Margaret Herrick, secretary at Academy of Motion Picture Arts and Sciences, on seeing the statuette: "He reminds me of my Uncle Oscar." Thus the award would be named for Oscar Pierce, U.S. wheat farmer and fruit grower. The popularity of the name seems to trace to columnist Sidney Skolsky, and there are other stories of its origin.

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Definitions of Oscar from WordNet

Oscar (n.)
an annual award by the Academy of Motion Picture Arts and Sciences for achievements in motion picture production and performance;
Synonyms: Academy Award
From wordnet.princeton.edu