What is typically awarded as a result of a legal proceeding deciding on rights and obligations?

In legal proceedings, an "award" is typically a decision made by a judge or an arbitrator that determines the rights and obligations of the parties involved. This may involve the granting of damages, specific performance, or other forms of relief that reflect the resolution of the case. The term "award" encompasses various forms of compensation or restitution that the successful party receives after the legal process concludes.

For example, in a civil lawsuit, a plaintiff may receive monetary compensation for damages as part of the award given by the court. This reflects the outcome of the legal proceedings where the judge or arbitrator has evaluated evidence and arguments to reach a conclusion regarding the entitlements of the parties.

While sanctions, contracts, and indemnities serve distinct purposes within legal contexts, they do not specifically align with the general term referring to a quantifiable decision about rights and obligations in a legal case as well as "award" does. Sanctions may involve penalties against a party for violations, contracts are agreements that create obligations, and indemnity refers to compensation for loss or damage. Thus, the most fitting term in this context is "award," denoting the result of procedural determinations in legal matters.