1.  bestowal(n = noun.act) bestowment, conferment, conferral - the act of conferring an honor or presenting a gift;
is a kind of gift, giving
Derived form verb bestow₁

2.  bestowal(n = noun.possession) bestowment - a gift that is bestowed or conferred;
is a kind of gift

   The act of bestowing; disposal. [1913 Webster]

N  giving, bestowal, bestowment, donation, presentation, presentment, accordance, concession, delivery, consignment, dispensation, communication, endowment, investment, investiture, award, almsgiving, charity, liberality, generosity, gift, donation, present, cadeau, fairing, free gift, boon, favor, benefaction, grant, offering, oblation, sacrifice, immolation, lagniappe, pilon, grace, act of grace, bonus, allowance, contribution, subscription, subsidy, tribute, subvention, bequest, legacy, devise, will, dotation, dot, appanage, voluntary settlement, voluntary conveyance, amortization, alms, largess, bounty, dole, sportule, donative, help, oblation, offertory, honorarium, gratuity, Peter pence, sportula, Christmas box, Easter offering, vail, douceur, drink money, pourboire, trinkgeld, bakshish, fee, consideration, bribe, bait, ground bait, peace offering, handsel, boodle, graft, grease, blat, giver, grantor, donor, feoffer, settlor, giving, given, allowed, allowable, concessional, communicable, charitable, eleemosynary, sportulary, tributary, gratis, donative, auctor pretiosa facit, ex dono, res est ingeniosa dare.