The most common and most likely answer to this crossword clue is the 10 letter word DECORATION
I've seen this crossword clue in The Daily Telegraph
D
E
C
O
R
A
T
I
O
N
More clues leading to the result DECORATION
- . Embellishment of Christmas speech?
- Award for cracking code 8
- Limit availability after design style award
- Award for end-of-year speech
- Star, say, making speech at end of year?
- Flags put out in honour of a brave man
- Half-decent speech award
- Award for last month’s speech
- Choose half of them and talk of colours
- Award half-decent speech
Buddy explains!

The straight part
We know that "Award" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case award = decoration.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does DECORATION mean?
DECORATION noun- The act of adorning, embellishing, or honoring; ornamentation.
- That which adorns, enriches, or beautifies; something added by way of embellishment; ornament.
- Specifically, any mark of honor to be worn upon the person, as a medal, cross, or ribbon of an order of knighthood, bestowed for services in war, great achievements in literature, art, etc.
- The use of exotic sugars as decoys to distract the immune system of a host