Nomen

die Verleihung

award ceremony, presentation, lending, bestowal

Die Verleihung des Preises findet heute statt.

The award ceremony for the prize takes place today.

Die Verleihung von Büchern ist kostenlos.

The lending of books is free of charge.

the awarding of sth. Die Verleihung des Nobelpreises.

the awarding to sb. Die Verleihung des Ordens an den Soldaten.

Preisverleihung (award ceremony), Übergabe (handover)

From the verb 'verleihen' (to award, to lend) plus the noun-forming suffix '-ung'.

The verb 'leihen' means to lend. 'Verleihen' is the act of giving something out, either as a loan or an award. The '-ung' makes it the noun form of that action.

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