conferment
Conferment is the act of granting or bestowing a right, title, degree, honor, or other benefit by a person or body authorized to do so. The term is often used in academic, legal, municipal, or ceremonial contexts. In academic settings, a degree or certificate is conferred upon successful completion of an approved program; the act may occur in a formal ceremony, and institutions issue a diploma or parchment as evidence of conferral. The word can be used with “conferral” or less commonly “conferment,” though “conferral” is more frequent in contemporary English.
In other contexts, conferment refers to granting honors or rights, such as the conferral of knighthood, citizenship,
Process: usually involves nomination or evaluation, formal approval by the appropriate authority, and the formal issuance
Impact: conferment marks recognition of achievement, authority, or eligibility, and can confer both status and legally
See also: confer, conferment, conferral, degree, diploma, honorary degree, knighthood, citizenship, license.