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bestowal (n.)

1773, from bestow + -al (2). Bestowment is from 1730.

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Definitions of bestowal from WordNet

bestowal (n.)
the act of conferring an honor or presenting a gift;
Synonyms: bestowment / conferral / conferment
bestowal (n.)
a gift that is bestowed or conferred;
Synonyms: bestowment
From wordnet.princeton.edu