Award wage

What is Award wage?

Award wage definition and meaning on Dictionary terms:
verb (used with object)
to give as due or merited; assign or bestow: to award prizes.
to bestow by judicial decree; assign or appoint by deliberate judgment, as in arbitration: The plaintiff was awarded damages of $100,000.

something awarded, as a payment or medal.
Law. a decision after consideration; a judicial sentence. the decision of arbitrators on a matter submitted to them.