Difficult to ignore king with medal, perhaps (5)
I believe the answer is:
award
'medal perhaps' is the definition.
(medal is a kind of award)
I can't explain the remainder of the clue.
(Other definitions for award that I've seen before include "Tony, for example" , "Write up" , "Prize or other mark of recognition" , "Bestow" , "Trophy or medal, for example" .)