The story
Official name, named after its awarding organization, the American Academy of Motion Picture Arts and Sciences.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: An award in any of various fields related to moviemaking, most prominently acting, generally awarded at a televised gala to winners who then speak; commonly used to indicate a person has been lying with great skill. Full definition →
Official name, named after its awarding organization, the American Academy of Motion Picture Arts and Sciences.
Etymology from Wiktionary, CC BY-SA 4.0.