IPA: /kənˈfɜːr.mənt/
KK: /kənˈfɜr mənt/
The act of giving or granting something, especially an honor or title.
The conferment of the award took place during the ceremony.
Conferment → It is formed from "con-" (meaning together) and "ferre" (meaning to bring or carry). The word refers to the act of bringing together or granting something, typically an honor or degree.
Think of 'bringing together' ('con-') something important ('ferre') — that's why conferment means the act of granting or bestowing.