
die Auszeichnung
award
A prize, medal, or another form of honor for a special achievement.
Die Wissenschaftlerin erhielt für ihre Forschung eine hohe Auszeichnung.
The scientist received a major award for her research.
award / labeling
Loading your saved state.

award
A prize, medal, or another form of honor for a special achievement.
Die Wissenschaftlerin erhielt für ihre Forschung eine hohe Auszeichnung.
The scientist received a major award for her research.

labeling
The process of marking goods with a price or label.
Die Auszeichnung der neuen Ware dauert noch bis morgen.
The labeling of the new goods will continue until tomorrow.
The noun 'die Auszeichnung' (award/labeling) is derived from the separable verb 'auszeichnen' (to honor/label). The verb means to honor someone or to mark something with a price.
Die Stadt zeichnete die engagierte Bürgerin für ihre Arbeit aus.
The city honored the dedicated citizen for her work.
In the meaning of 'Ehrung' (honor/award), 'Auszeichnung' (award) is often combined with the verbs 'erhalten' (to receive), 'bekommen' (to get), or 'gewinnen' (to win). An institution can 'verleihen' (bestow/present) an award.
Der Film hat mehrere internationale Auszeichnungen gewonnen.
The film has won several international awards.
This meaning is specific to retail and commerce. You can recognize it from words like 'Ware' (goods), 'Preise' (prices), 'Etiketten' (labels), or 'Regal' (shelf). Here it is about the technical process of labeling.
Die korrekte Auszeichnung der Produkte ist gesetzlich vorgeschrieben.
The correct labeling of the products is required by law.
price / prize
Preis and Auszeichnung both recognize a special achievement. Preis typically refers to something awarded after a selection process or in a competition. Auszeichnung is broader and emphasizes honorary recognition, for example through a prize or medal.

Die Stadt verlieh ihr für den Film eine besondere Auszeichnung.
The city gave her a special award for the film.
Die Jury verlieh ihr für den Film den ersten Preis.
The jury awarded her first prize for the film.