The term 'AWARD AD' can be broken down into two crossword solutions: CLIO (4 letters) and ASTRA (5 letters). CLIO is an award given annually to honor creative excellence in advertising, design, interactive, and branded entertainment. ASTRA is an award given to recognize excellence in the field of television advertising. Both awards are highly sought after in the advertising industry and are seen as a mark of distinction for those who receive them.