Oscar and Edgar (6)
I believe the answer is:
awards
'oscar and edgar' is the definition.
(I've seen this in another clue)
This is the entire clue.
(Other definitions for awards that I've seen before include "Prizes and payments given for merit" , "Prizes like Academy Oscars" , "Prizes or tributes" , "Gives officially as prize" , "Tony and Oscar perhaps" .)