Русско-англо-русский юридический словарь

A certificate of merit is a document that recognizes the achievements of an individual or a group. The certificate is one of respect and gratitude, but mostly honor. The certificate is not bestowed upon individuals unless the recognition has been earned.

In schools, teachers award deserving students for their outstanding performance and academic achievements in one or more subject areas. Schools also give out certificates of merit to students who display good behavior or those who have demonstrated remarkable success. Companies give certificates of merit to staff members in recognition of great accomplishments and contributions, in addition to obtaining status as an outstanding employee. The certificate of merit acknowledges the quality of service and dedication that people have shown while performing their work. (ask.com)

For the same reason, no claim for emotional distress based solely on a requirement that a child move school at 13 would have any realistic prospect of success. (The Guardian)

The premier underscored the value of a freely floating currency in enabling Iceland’s economic rebound after its 2008 collapse and dismissed as flawed the notion that a fixed exchange-rate regime was the only path to future economic success. (Bloomberg)

For example, a person may have offered a reward for a lost item but if there has been no success after a lengthy period of time despite third parties embarking on a search, it seems reasonable that the offeror should be entitled to call off the search by withdrawing the reward, for example where the passage of time may render the identification of the lost item especially difficult or raise the prospect of counterfeiting. (Formation and Third Party Beneficiaries by Mindy Chen-Wishart, Alexander Loke, Stefan Vogenauer)