1.  bestowment(n = noun.possession) bestowal - a gift that is bestowed or conferred;
is a kind of gift
Derived form verb bestow₂

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

1.  The act of giving or bestowing; a conferring or bestowal. [1913 Webster]
"If we consider this bestowment of gifts in this view." [1913 Webster]

2.  That which is given or bestowed. [1913 Webster]
"They almost refuse to give due praise and credit to God's own bestowments." [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.