bestowment vs conferment

bestowment and conferment both are nouns.

Word	Noun	Adjective	Verb	Adverb
bestowment	Yes	No	No	No
conferment	Yes	No	No	No

As nouns, bestowment and conferment are synonyms defined as:

bestowment and conferment: the act of conferring an honor or presenting a gift

Other synonyms of bestowment include bestowal, conferral.

bestowment (noun)	conferment (noun)
the act of conferring an honor or presenting a gift	the act of conferring an honor or presenting a gift
a gift that is bestowed or conferred