An award represents recognition of excellence. It can be given to an individual or a group of people. Awards are frequently given in the form of medals, ribbons, pins, badges, certificates, titles, commemorative plates or trophies. These may be accompanied by a monetary prize. However, physical representation of award is not a must. It can simply be public recognition of excellence without any physical prize or token.
Awards can be given either by an institution or an individual. The prestige associated with an award depends on the status of the awarder. Awards offered by well recognized organizations are perceived as more prestigious. Some of the most prestigious awards include Nobel Prize, Pulitzer Prize, Oscar and Olympic medal.
Noble prize is one of the most recognized annual international awards. It is offered in recognition of scientific and cultural advances by Scandinavian committees. Nobel award categories include literature, physiology, physics, chemistry and peace. Columbia University in the New York City administers Pulitzer Prize. It is one of the most prominent prizes in the field of literature, musical composition, newspaper and online journalism.
Olympics are the sports competition of the highest level. Wining athletes are awarded Olympic medals. Oscar or Academy award is an accolade recognizing excellence in the film industry. The award is offered by the American AMPAS (Academy of Motion Picture Arts and Sciences). Being one of the most prominent awards in the world, the award ceremony is broadcasted live in over 100 countries. Other popular awards include Tony Awards (for theaters), Emmy Awards (for television) and Grammy Awards (for music). |