Confer (verb)

1. To consult together; to talk over or deliberate upon; to exchange views; to compare notes.
2. To present or bestow (an honor, degree, etc.) formally.

Origin:

From the latin conferre, to bring together, compare.

Examples:

1. The committee members conferred before making a decision.
2. We need to confer with the lawyer before taking any action.
3. The school confers degrees at its graduation ceremony.
4. He was honored with a conferment of a degree.
5. The doctor conferred with the patient before starting treatment.