Confer

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British pronunciation/kənfˈɜː/
American pronunciation/kənˈfɝ/
to confer
01

to exchange opinions and have discussions with others, often to come to an agreement or decision

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02

to give an official degree, title, right, etc. to someone

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Example
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The organization regularly confers certifications on professionals who meet the standards.
The board decided to confer the prestigious award on the researcher for their groundbreaking contributions.
The monarch will confer a knighthood upon the distinguished individual for their service to the country.
The university conferred a Bachelor's degree on the graduating students.
The university will confer degrees upon the graduating students during the commencement ceremony.
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Definition & Meaning of "To confer"
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