The act of giving or conferring something, such as a gift, honor, or privilege; something that is bestowed.
From 'bestow' plus the suffix '-al' (from Latin, indicating an act or result). This became the standard modern English noun form, replacing the older '-age' form.
The word 'bestowal' perfectly captures a formal moment of giving—it's the noun version of 'bestow' and has a ceremonial feel, which is why you'll find it in official or poetic contexts rather than casual everyday speech.
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