Academy Award UK /əˈkæd.ə.mi əˈwɔːd/US /əˈkæd.ə.mi əˈwɔɹd/ noun1 •An award in any of various fields related to moviemaking, most prominently acting, generally awarded at a televised gala to winners who then speak; commonly used to indicate a person has been lying with great skill.Lola's performance was academy award standard. — 1959 formsAcademy Awards