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"bestowal" is also used as a crossword clue. If that's what you saw, the answer is often gifting (7 letters).
Definitions
the act of conferring an honor or presenting a gift
Word origin
From bestow + -al.
Used in a sentence
“Elation mingled with something faintly apologetic in the abrupt bestowal of the baronet's unexpected confidence.”
Source: Wiktionary, CC BY-SA 4.0
Used as a crossword answer1 curated clues
01“Formal giving”8 letters
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