Prize, award (6)
I believe the answer is:
trophy
This clue is a double definition.
'prize' is the first definition.
(I know that prize can be written as trophy)
'award' is the second definition.
(I know that trophy is a type of award)
(Other definitions for trophy that I've seen before include "Laurels" , "Scalp - memento" , "Scalp, prize" , "Gas essential to life" , "Cup given as prize for victory" .)