1. capable of being given as a prize, honor, or compensation

Examples

• The scholarship is awardable to students with excellent grades.
• Damages are awardable in cases of proven negligence.
• The medal is awardable only to those who demonstrate exceptional courage.
• Legal fees may be awardable to the winning party.
• The grant money is awardable based on merit and need.
• Compensation is awardable under the terms of the insurance policy.