Oscar, Tony, Hugo or Grant? (5)
I believe the answer is:
award
'oscar' is the definition.
(I've seen this before)
I don't understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for award that I've seen before include "settlement" , "Allotment" , "Adjudge" , "Write up" , "Present - prize" .)