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acknowledgment

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Acknowledgment is defined as admitting or saying that you know something, or that something is true.

(noun)

An example of acknowledgment is admitting to a friend that you made a mistake.

The definition of acknowledgment is giving someone recognition for something that he did or something he gave to you.

(noun)

An example of acknowledgment is giving an employee of the month award to the best performing employee.

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See acknowledgment in Webster's New World College Dictionary

or acknowledgement

noun

an acknowledging or being acknowledged; admission; avowal
something done or given in acknowledging, as an expression of thanks
recognition of the authority or claims of
a legal avowal or certificate

See acknowledgment in American Heritage Dictionary 4

or ac·knowl·edge·ment

noun

The act of admitting or owning to something.
Recognition of another's existence, validity, authority, or right.
An answer or response in return for something done.
An expression of thanks or a token of appreciation.
A formal declaration made to authoritative witnesses to ensure legal validity.

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