Meaning of the word "award ceremony" in English

What does "award ceremony" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

award ceremony

US /əˈwɔːrd ˈser.ə.moʊ.ni/
UK /əˈwɔːd ˈser.ɪ.mə.ni/
"award ceremony" picture

Noun

a formal event at which prizes are given to honor achievement

Example:
The actors arrived on the red carpet for the award ceremony.
She gave an emotional speech during the award ceremony.