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What does conferment mean?

Looking for the meaning or definition of the word conferment? Here's what it means.

Noun
  1. The act of conferring; a presentation or bestowal.
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The Council may, in accordance with the same procedure, lay down the conditions governing the conferment of these advantages.
The conferment of legal personality on these two entities should have resulted in the ordinary rules of taxation being applied to them.
This item, presented by Kyrgyzstan, proposes the conferment upon the International Issy-Kul Centre for the Dialogue among Cultures the status of a UNESCO category II centre.
But Athanasius apprehended this redemption as a conferment, from without and from above, of a divine nature.
If the conferment of a right of avoidance ceases to make commercial or legal sense, then it should be treated as having been exhausted.
By extension, is conferment on the contractor of a right to determine the manner in which the assets are to be used in its own commercial interest the essential criterion for a transfer of assets?

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