The Collaborative International Dictionary of English v.0.48:

Bestow \Be*stow"\, v. t. [imp. & p. p. Bestowed; p. pr. & vb.
   n. Bestowing.] [OE. bestowen; pref. be- + stow a place. See
   Stow.]
   1. To lay up in store; to deposit for safe keeping; to stow;
      to place; to put. "He bestowed it in a pouch." --Sir W.
      Scott.
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            See that the women are bestowed in safety. --Byron.
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   2. To use; to apply; to devote, as time or strength in some
      occupation.
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   3. To expend, as money. [Obs.]
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   4. To give or confer; to impart; -- with on or upon.
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            Empire is on us bestowed.             --Cowper.
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            Though I bestow all my goods to feed the poor. --1
                                                  Cor. xiii. 3.
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   5. To give in marriage.
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            I could have bestowed her upon a fine gentleman.
                                                  --Tatler.
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   6. To demean; to conduct; to behave; -- followed by a
      reflexive pronoun. [Obs.]
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            How might we see Falstaff bestow himself to-night in
            his true colors, and not ourselves be seen ? --Shak.
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   Syn: To give; grant; present; confer; accord.
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WordNet (r) 3.0 (2006):

bestow
    v 1: present; "The university conferred a degree on its most
         famous former student, who never graduated"; "bestow an
         honor on someone" [syn: confer, bestow]
    2: give as a gift
    3: bestow a quality on; "Her presence lends a certain cachet to
       the company"; "The music added a lot to the play"; "She
       brings a special atmosphere to our meetings"; "This adds a
       light note to the program" [syn: lend, impart, bestow,
       contribute, add, bring]