Recognition (noun)

1. The ability to identify something or someone from previous encounters or knowledge.
2. The act of acknowledging or noticing something or someone.
3. An acknowledgement or award for an achievement or service.

Origin:

From latin recognitio(n-), from the verb recognoscere "to know again, recognize".

Examples:

1. He received recognition for his work.
2. She received recognition for her contribution to the field.
3. The company received recognition for its innovative product.
4. He was awarded recognition for his service.
5. The recognition was an honor for her.