Award it's a judicial act that grants possession and ownership of goods, furniture and immovable, to someone.
In Legal and Civil Law, adjudication is the act of transferring the assets to the person who promotes the judicial execution (the creditor) pledged or the respective income collected in the process, in payment of their credit against the executed.
Adjudication is the act or effect of adjudicating, which means giving or delivering by sentence, that is, declaring in court that a good or ideal part of it belongs to someone. It is to ensure in court someone the ownership of assets that should or have been put up for public auction, in cases where this formality cannot be waived.
At the administrative scope, adjudication is the granting or attribution of the right to carry out works to the winner of a tender, by means of a competitive bidding process.
At the real estate scope, adjudication is the process in which it is established that the ownership of an immovable property is transferred from its original owner (the transferor) to the acquirer (the creditor), who from then on assumes all ownership and ownership rights inherent to any and all concession of goods (alienation).
See also the meaning of Compulsory Award.